Atlanta, Ga. December 4, 2019 - Dr. A. Wayne Johnson, a former Trump Administration senior official with the Office of Federal Student Aid, is available to comment on U.S. Department of Education Secretary Betsy DeVos’s honest and sober assessment of the federal student loan program and her proposal to create a new entity to administer federal higher education finance, as set forth in a speech DeVos delivered on Tuesday to more than 6,000 financial aid administrators.
Johnson said “Secretary DeVos is the first cabinet level member of the executive branch of the federal government to ever declare the federal student loan program as being in distress.” Johnson, who while in office worked with Secretary DeVos on the program changes outlined Tuesday, said “the Secretary’s call for structural and fundamental changes to administration of the federal student loan program is extraordinarily important and a significant advancement worthy of discussion.”
Dr. Johnson left his role with the Department of Education on October 24th to pursue filling a seat in the U.S. Senate, and at the same time announced his plan to get the government out of the student loan business. His plan, which has received national attention, also calls for totally canceling out federal student loan debt for more than 37 million Americans and establishing a go-forward grant program for high school graduates.
For further information:
Davis Lundy, 404-795-4916