Department of Education

American schools are about to turn over a new leaf.
The Obama administration is under fire after canceling student loans for just 1 percent of thousands of eligible borrowers.
Borrowers will be able to sidestep reviled loan contractors such as Navient Corporation.
Sen. Elizabeth Warren and others are "profoundly dissatisfied" with the Obama administration's settlement with a for-profit college chain accused of cheating students and taxpayers.
House Republicans blasted the "performance-based" office for lousy work.
"This settlement provides zero justice for the people who have been harmed by EDMC."
Education Management Corporation won't have to admit wrongdoing, which might prevent swindled students from discharging their federal loans.
The Education Department pledges to do better at policing the "watchdogs that don't bite" after the failure of Corinthian Colleges Inc.
Troops sent to combat zones were supposed to be exempt from interest on their student loans -- yet they've paid at least $100 million.
The department will fight distressed debtors over gym memberships, but has a much more relaxed approach to one of its biggest contractors.