Katherine Lee Carey

1 month ago | jdsupra.com | Vanessa Agudelo |Katherine Lee Carey |Jasmine Lee

The 13th Secretary of the Department of Education (ED), Linda McMahon, was confirmed in a 51 – 45 Senate vote on March 3, 2025. Upon becoming secretary, McMahon delivered her opening speech to ED, “Our Department’s Final Mission,” where she confirmed President Donald Trump’s desire to abolish ED and her plan to follow his orders.

Sep 21, 2023 | jdsupra.com | Katherine Lee Carey |Joshua Kotin |Jay Vaughan

On September 14, 2023, the Consumer Financial Protection Bureau (CFPB) released a report on financial risks to students associated with school-issued tuition payment plans. Although the report acknowledges that many tuition payment plans are free of interest, the bureau cautions that inadequate disclosures, opaque product terms and collection practices create the potential for harm to students.