April 11, 2023

1. Biden is Going Big on Cordray’s Attacks

President Biden is putting massive new spending next to curtailing access to career colleges. His 2024 budget request for the Student Financial Aid Office of Enforcement released in March is dramatically increasing the enforcement budget. At $26.5 million, the new…
American Accountability Foundation
April 11, 2023

2. Cordray Brings the Controversial Obama Era CFPB Model to Student Loans

Richard Cordray has grafted into the Office of Enforcement from his tenure at the CFPB a sue and harass model where he uses the heft of the federal government and its allies to bring disfavored industries to heel. Documents obtained…
American Accountability Foundation
April 11, 2023

3. Personnel is Policy – Cordray Hires Ideological Warriors to Lead the Student Loan Office

Anyone who has been in Washington knows that ultimately personnel is policy – who you hire is just as, if not more, important than – what you hire them to do. The zealousness and conviction of your team will determine…
American Accountability Foundation
April 11, 2023

4. Cordray Enlists Democrat State AGs; Conservatives Need Not Apply

Cordray has deputized liberal Attorneys General into his fight in a partisan matter that excludes moderate and conservative AGs and has worked with left-wing AGs to weaponize their offices to help prosecute his fight against career colleges. Cordray understands that…
American Accountability Foundation
April 11, 2023

The Full Report

The Biden Department of Education (DoE) has weaponized the student aid process to force students to choose state-run or traditional private colleges and universities instead of career colleges, even if career colleges are the best fit for the student. Historically,…
American Accountability Foundation