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Betsy DeVos' Corrupt Student Loan Scheme EXPOSED

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The Education Department has awarded two contracts to debt collection agencies and they have really raised some eyebrows. Ana Kasparian, Francis Faxwell, and Mark Thompson, hosts of The Young Turks, discuss. Tell us what you think in the comment section below. http://www.tytnetwork.com/join Read more here: https://www.washingtonpost.com/news/grade-point/wp/2018/01/11/education-dept-awards-debt-collection-contract-to-company-with-ties-to-devos/?utm_term=.9da8e3c02317 "A company that once had financial ties to Education Secretary Betsy DeVos was one of two firms selected Thursday by the Education Department to help the agency collect overdue student loans. The deal could be worth hundreds of millions of dollars. The decision to award contracts to Windham Professionals and Performant Financial Corp. — a company DeVos invested in before becoming secretary — arrives a month after a federal judge ordered the department to complete its selection of a loan collector to put an end to a messy court battle. Windham and Performant beat out nearly 40 other bidders for contracts valued at up to $400 million, but their win may be short-lived if the losing companies fight the decision." Hosts: Ana Kasparian, Francis Maxwell, Mark Thompson Cast: Ana Kasparian, Francis Maxwell, Mark Thompson *** The Largest Online News Show in the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 6-8pm ET. https://goo.gl/tJpj1m Subscribe to The Young Turks on YouTube: https://goo.gl/a3JY9i Like The Young Turks on Facebook: https://goo.gl/txrhrh Follow The Young Turks on Twitter: https://goo.gl/w6ahdV Buy TYT Merch: https://goo.gl/KVysaM Download audio and video of the full two hour show on-demand + the members-only post game show by becoming a member at https://goo.gl/v8E64M. Your membership supports the day to day operations and is vital for our continued success and growth. Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
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Текстовые комментарии (1056)
Ang Lovetree (3 месяца назад)
This is what happens when republicans win the vote. America falls deeper in to ruin & disgrace.
Jazzman909 (5 месяцев назад)
DeVos has never stepped foot in a public school in her life. She attended private schools from kindergarten through college. She has never taught or been an administrator. The only job she has had in her life has been fundraising for the Republicans. She has long been a proponent of closing public schools and replacing them with charter schools.
Alan Campbell (6 месяцев назад)
TYT, Would you please produce some sort of compilation either in text or video enumerating all the most blatant conflicts of interest, lies and corruption on the part of both parties? I know that’s a helluva job, but once it’s done it can be added to daily and it might help people to see the big picture: neither of these parties has the best interest of America or her citizens at heart.
Erron Black (7 месяцев назад)
She is not even smart...
lawbag1 (7 месяцев назад)
Where’s Francis been?
Cowboy Bob (7 месяцев назад)
Awesome icon, demonstrates her skill that opened doors for her.
Aidan Campbell (7 месяцев назад)
America needs to take a look at the model for student loans in Australia. Recovery of the loans is government managed and on a sliding scale based on ones income. There is a minimum wage amount before loans have to be paid back (currently around $54 000 pa), and this is increased by increases to the cost of living. This isn't perfect. Worlds best practice is still the Nordic model of significant government investment in education, because that model generates better gdp growth in the country. If I remember rightly, every government dollar invested in education has a $20 payoff. To put it another way, this is a significant part of the reason that those Nordic countries have booming economies at the same time that the American economy is struggling.
Richard Conner (7 месяцев назад)
debbie follman (8 месяцев назад)
They took my nursing licence away ... Tberefore taking my u liivlihood makes sense? Right
Jason Smith (8 месяцев назад)
Another example of alternative facts !
hsosa75able (8 месяцев назад)
Devo's is not going to help no student but she will go after every minority bottom line.
ajeron fiona (8 месяцев назад)
Puert rico electricity, corrupt, no result. Hud bought 30 thousands furnutur, no result. Use privat jet, no result. Now dvos corrupt student debt, will no result. Conclusn all corrupt regim will close hide all corrup case
Tom Dockery (8 месяцев назад)
There are many corrupt students who spend their loan money on drugs.
Michael Laverty (8 месяцев назад)
And STILL NO JOBS BILL.... But lets give tax cuts to the wealthy Let's increase Defense spending yet once more . And still NO JOBS BILL ???
Waqar Ghulam (8 месяцев назад)
She and her brother bought this position for a reason. It's not because they give a rats ass about American kids.
Daniel Wolfe (8 месяцев назад)
Everyone that takes a student loan should expect to pay it back that's what loans are there for. It's an opportunity to leverage someone else's money for an opportunity to get those high paying white collar jobs.
Brian Jacobsen (8 месяцев назад)
If you don't pay your loan off. Betsy going to send her mercenary little brother and his goon squad and black opps everyone's broke ass.
Brandon Bryant (8 месяцев назад)
This bitch is a crook of the highest order.
SWSimpson (8 месяцев назад)
Betsy Devos should be dragged out into the streets naked and horsewhipped. Well, maybe not that, but she should be fired and barred from ever holding any gov. job in the future.
Chris Ashcroft (8 месяцев назад)
Lock Her Up!
Sandra Leishman (8 месяцев назад)
Because the Trump government wants to bankrupt America before he's kicked out.
Herbin' Avenger (8 месяцев назад)
That bitch is every bit as corrupt as the rest of Traitor Trumps criminal co-conspirators.
SuperbeNain (8 месяцев назад)
More CORRUPTION brought to you by DIPSHIT DONNIE!!!
Cornelius Maximilianus (8 месяцев назад)
Education is free in Turkey, you can go to State Universities and it's free. My sister is a Mathematician and has a masters degree all paid by the state. I graduated from Fine Arts Academy and also did not pay for it.
Clarissa Thompson (8 месяцев назад)
I'm a former debt collection agent that worked for a successful and well self-monitored company in Canada. I used to work in a US portfolio and the number of people in the US that told me how nice I was for simply following country and state laws was very saddening. Debt and unfortunate circumstances go hand in hand and people need solutions to their debt problems, not intimidation. Debt collectors don't need to be bullies when they can be teachers, too many are poorly trained. I was very lucky to work for a company with integrity that felt training their workers and providing a supportive environment was a key element to success for staff, clients and debtors alike. Collectors aren't all bad!
Bert Nijhof (8 месяцев назад)
USA the top banana republic, they don't even try to hide their corruption. In the past In Europe, the nobles kept the people poor and the clerics assisted by keeping them dumb. You replaced the nobles by the billionaires and the clerics by the evangelicals and both groups run the US government.
Susan Fox (8 месяцев назад)
My daughter went to a major college a rec'd a Bachelor Degree in Nursing. She is killing herself working 12 hour shifts at a hospital and working like 7 or 8 days straight with like 1 day off and then back to the grind of 8 days straight again. These student loans are ridiculous. How can you make a decent salary pay your bills and have money left over to try to pay down these loans. She graduated 8 years ago and is still paying on her college student loans.
NJDevils IsMyTeam2112535 (8 месяцев назад)
This woman is a slowass educatedless idiot hahahahahahahahhaahahahahahahahahahahahaha
harDCore aTheisT (8 месяцев назад)
Go to college to become an indentured servant.
todshi (8 месяцев назад)
Betsy DeVos is the only Christian I know of who would stuff a camel though the eye of a needle, killing it in the process, then say to Jesus, "Now, about that 'rich people can't get into heaven' thing you keep whining about..."
mary busch (8 месяцев назад)
Conflicts of interest are simple....  Any complexity is only to mask the conflict of interest...  That is why construction costs in the US are FIVE times the same construction costs in FRANCE.......  It is financial RAPE...
Chad Dexter (8 месяцев назад)
If Federal Student Loans are forgiven, I want a full refund for every dollar of debit I paid off, including interest. only fair
Shahid M Zubair (8 месяцев назад)
TYT went to town on favoriting comments here, lol.
Michael Edelstein (8 месяцев назад)
There is no conflict of interest. DeVos divested herself of her holdings in LMF WF Portfolio, a limited liability Corporation which had holdings in the two companies in question; although there is lingering doubt about her ethics in that she might have influenced the Department of Education in the new debt-collection contract, none of this is true. As an investor she had no direct or indirect contact with the people running the companies and as she has sold off her commitment with the LMF Portfolio, so she would have no MOTIVE to influence the Dept. of Education to use Windham Professionals and Performant Financial Corp. The decision to award contracts to Windham Professionals and Performant Financial Corp. — a company DeVos invested in before becoming secretary — arrives a month after a federal judge ordered the department to complete its selection of a loan collector to put an end to a messy court battle. Windham and Performant beat out nearly 40 other bidders for contracts valued at up to $400 million, so what the government did was go with low bid contractors that would be the cheapest to operate and has nothing to do with DeVos as Secretary of Education.
THEQUESTIONPLEASE (8 месяцев назад)
lol ....the young turks are the lowest rated fake news ever ....EVER !
THEQUESTIONPLEASE (8 месяцев назад)
you keep trying to catch trumps crew on something .....ain't gonna happen ....private schools are better period !
THEQUESTIONPLEASE (8 месяцев назад)
betsy is simply cleaning up the swamp ....dont take out a loan if you cant pay it ...idiots !
aviftw (8 месяцев назад)
So, the scheme has been exposed. Now, Americans, here is your call to action: DO SOMETHING ABOUT IT!
waxandwane (8 месяцев назад)
Guys, look up videos by CHERYL ISERBYT.... she talks about how this is all a part of a plan to "Dumb Down" American kids.....
gruthakhul100 (8 месяцев назад)
Of course...
Bob leroy (8 месяцев назад)
Please fire this Stupid person now. She bought her job. Pay for play
Dark Blade (8 месяцев назад)
Annabelle B (8 месяцев назад)
What a freaken mess!
Fahen (8 месяцев назад)
The emolument clause should kick in.
michael chanial (8 месяцев назад)
jooled2u (8 месяцев назад)
neo robertson (8 месяцев назад)
Psychopaths run this country
Marchant2 (8 месяцев назад)
This is why we need to tax the hell out of the rich. They're getting a lot of their money dishonestly (look at Dump and Kushner) and at the expense of the average person. It's sickening.
RB (8 месяцев назад)
Lock her up! Lock her up!
Rebecca Conn (8 месяцев назад)
Vote every Republican OUT.
Dennis Amsden (8 месяцев назад)
Young turds lying place on earth
xele fonte (8 месяцев назад)
This is house of cards. Betsy Devos only became Education Secretary because she donated lots of money to trump’s campaign. And now Performant is getting all the contract money because they gave her lots of money. You scratch my back, I scratch yours. Meanwhile, the students and America in general gets screwed. Politics 101.
OP Sensai Airsoft (8 месяцев назад)
Debt collectors are worst than terrorist and DeVos. These animals are smart at screwing students both in education and murder. But not so smart to collect anything from me after they continue to call me after my debt was paid in full. Don't worry DeVos! I got your number!
Wrench245 (8 месяцев назад)
I still get tormented by a "law firm"/debt collection agency about a traffic ticket that was dismissed in 1999; they say they represented me. They have sent letters to every known address I've had since 1972, and all threaten to put a warrant out for my arrest. And a $50 charge on a credit card I had in 1999 has, despite being disputed, has now been sold of to a collection agency that wants $2400 due to interest. I can only imagine the hassle of dealing with interest on a student loan from a company that DeVoss has investments in.
LOGIC ! (8 месяцев назад)
This April my little cousin will graduate with a teaching degree. she is twenty years old and is currently 140,000 in debt. You can't get a decent job without an education but you cripple people with debt. your education is a thirty year mortgage.
Erik Roberts (8 месяцев назад)
Throw Betsy DeVos in jail!!!
rapunzel eh? (8 месяцев назад)
of course you knew she would get a cut... like she needs MORE money, but that's a greedy hallmark of greedy people. Make America Gullible Again.
Judith Osorio (8 месяцев назад)
We shall never forget it was 'Mike Pence' who gave os Betsy DeVos.
John Snow (8 месяцев назад)
Swamp...omg the swamp is so damn BIG!
Anthony J. DiPasqua (8 месяцев назад)
Is that a pocket watch? Frances Maxwell is dressed like a guy that invented an app that will automatically buy all of the Railroads whenever you play Monopoly.
northstar10 (8 месяцев назад)
how ironic --the second dumbest person in government never went to public schools ----so much for the superiority of private schools
Senor Moody (8 месяцев назад)
i like that closing line she said about how we have to stop paying attention to the stupid gossip stories and start paying attention to important things like this.
Mike Btrfld (8 месяцев назад)
She got her money through the Amway pyramid scheme.
Dorthy Slotwinski (8 месяцев назад)
She knows nothing about EDUCATION! her children went to private schools and they went to college for FREE!!! $$$$$$$$$
Jeff Strong (8 месяцев назад)
A way to fix the student debt is to allow people to get rid of student debt through personal bankruptcy. $1000 or so and problem is solved. I can hear the howling now,"You took on the debt and PROMISED to pay it back and now you wanna be a dead beat ". How about making an economy work for everyone for a change instead of inching toward indentured servitude.
Spiritual Anarchist (8 месяцев назад)
The U.S government has become like a bank guarded by bankrobbers with keys to the vault.
Jonathan Hill (8 месяцев назад)
Every move made by members of this administration makes is from a personal stand point!
Kyosanym (8 месяцев назад)
I like how Betsy is smiling like a donut in the thumbnail.
terriej123 (8 месяцев назад)
Great reporting Ana! Keep covering this issue!
Light of Day (8 месяцев назад)
Devos <<<----demonic bitch    Francis <<<-------sexy!!!!!!!!!!!!!!!!!!!!!!!!
Marlo (8 месяцев назад)
Arent they bold? They don't even care about the appearance of it all. Smh
zackery zackery (8 месяцев назад)
It's amazing how the Young Turds don't talk about how poorly the US education has performed (35 in the world).....the US government run education factory is failing....private education is part of the solution.
HRS Darwish (8 месяцев назад)
All that shite <3
RedG (8 месяцев назад)
Trump Nation is destroying our middle class. Stop them
imnotmike (8 месяцев назад)
lol, Francis Faxwell
Phyllis Lowe (8 месяцев назад)
When will this circus ends? Barnum and Bailey please come and get your peeps.
Anomic Anchorite (8 месяцев назад)
How many other rich Christian grandmas need an entourage of federal marshalls?
johnnybgoodeish (8 месяцев назад)
Just loved Betsy's "blow job face" in the caption -was that specifically chosen?
Linda George (8 месяцев назад)
Don't the politicians have to declare their interest? If she didn't she should be sacked. In Australia, uni students take out student loans and when they start earning a certain amount per annum, the tax dept deducts a percentage from their income over a span of years until it is paid out
shutdafup (8 месяцев назад)
1967 called Betsy DeVos and said they wanted their Invisible Girl hair back.
Jason Faulkner (8 месяцев назад)
Mark! An electorate that is undereducated and underinformed! Yes. Thats the key. They don't attack public education to save money ... they do it to keep voters underinformed and intellectually un-empowered. Never accuse certain government agents of stupidity. They aren't. They are just nasty ... or taking marching orders from nasty people.
THE JACK HQ (8 месяцев назад)
Francis Faxwell seems cool. The info bar told me so. Btw, LOCK DEVOS UP!
Keri Watt (8 месяцев назад)
All just file bankruptcy like these rich hypocritical in office.
wirelesmike73 (8 месяцев назад)
I've said it before, I'll say it again. Every time I see her, the first thing that comes to mind is Pale Man from Pans' Labyrinth.
Auxiliary Jack (8 месяцев назад)
Stop going to 4 year colleges and I bet you things will change. College isn't going anywhere just the cost. Get a 2 year degree and certs until you can get into a 4 year colleges that allows you to pay as you go. There are so many colleges that allow you to pay as you go.
Cory ryder (8 месяцев назад)
go figure trump put another schemer in his office when hes king of fruad
Rainswept Flower (8 месяцев назад)
There is a very special place in hell for the Devos family as a whole.
storm (8 месяцев назад)
An idiot wind blows in washington. also her brother is eric prince .
neal thailand (8 месяцев назад)
Just so sick of TYT's anti-MAGA agenda. How can we "Mack Ameraca grate Agin" without producing a generation of unskilled, uneducated workers? Educated people don't help Amaraca. They just waist time running around thinkin of stuff and having idea's. That's horrable. We need more UNeducated drones, who will work for pennies to build capatal for the super rich. THATS what makes Amaraca Grate agin. Stupid TYT.
tapolna (8 месяцев назад)
Betsy DeVos is to students as Scott Pruitt is to environment, or Steven Mnuchin to home owners. or Jeff Sessions to justice, or John Bolton to world peace etc ...
Lip stick (8 месяцев назад)
ImPeach, Donald Trump!!! C'mon, Already...
Timothy (8 месяцев назад)
She's rich enough to move to a tropical island as if she's on an everlasting vacation but noooo, she just had to get involved in something she knows absolutely NOTHING about....
stev devon (8 месяцев назад)
Thank you for posting this add. i just entered into a debate with teachers also being charged for grants that were converted to loans.. because they did not meet any commitments! again thanks for the video!
alex andoven (8 месяцев назад)
Hey TYT - Nix the Bloke, eh mate? He's bloody bollocks!
BR549 ! (8 месяцев назад)
All of a sudden I’m Not against guns!
kvdgadj (8 месяцев назад)
Just like Trump, still doing business on the side.
Ryan D (8 месяцев назад)
I graduated with over $25,000 of student debt. So I just jumped on a plane & left America. I’m never going to live in the US again & they ain’t never gonna see that money again!
Star Top (8 месяцев назад)
ARREST the witch.
Antony bro (8 месяцев назад)
Where's the FBI when you need them....
Simon 's (8 месяцев назад)
Did any of these people make an honest dollar?

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