Finally DOE Listened After Admitting That Student Loan Debts Are in Crisis

In the past two weeks, and after the court ruling, it seems DOE finally taking a small step to manage the student loans debts.  DOE is one, perhaps among many entities that has granted these institutions to operate.  Therefore, according to the logical thinking it, DOE also has to clean the mess that it has participated in creating.  What if:

  1. The license to operate was never be granted and
  2. Supervision and accountability are applied consistently
  3. Policy on for-profit institutions never existed?

Then there will be a minimal of public pains, outcries or even zero crisis.  May be!

It is interesting to note that this policy shift occurred after the administrator publicly admitted that the US is facing student loan debts crises.