wisconsin attorney general brad schimel
Press Release
April 24, 2017
Media Contact
Mike Browne, Deputy Director
(608) 444-3483
Cody Oliphant

Brad Schimel Sides With Trump University Over Student Loan Borrowers

Attorneys General From Across Nation Denounce Trump Administration Effort to Repeal Consumer Protections for Student Loan Borrowers ... but Not Brad Schimel

MADISON Wis. — Attorneys General from across the country, including from neighboring states Minnesota, Illinois and Iowa, have joined together to oppose Donald Trump and his Education Secretary Betsy DeVos’s scheme to repeal consumer protections for student loan borrowers. In a letter to DeVos, the state top cops note how multiple investigations have revealed abuses in the servicing of student loans and how shoddy practices harm borrowers. One Wisconsin Now Executive Director Scot Ross noted that missing from the effort to protect student loan borrowers is Wisconsin Attorney General Brad Schimel.

“With his inaction Brad Schimel is taking the side of Donald Trump, a guy who settled a lawsuit for $25 million over his scam university, instead of standing with 21 fellow Attorneys General and fighting for the best interests of student loan borrowers,” commented Ross.

Donald Trump, who settled a class action lawsuit brought by students of his Trump “University” for $25 million days before his January inauguration, and his administration are repealing consumer protections for student loan borrowers by allowing debt collectors to charge borrowers exorbitant fees on top of their loan payments. In addition, rules requiring companies that service student loans to prioritize helping borrowers and abide by basic consumer service and protection standards in order to win federal contracts are also being repealed.

These anti-borrower measures are being implemented by Trump’s Secretary of Education, Michigan billionaire Betsy DeVos, whose financial portfolio includes ties to the student loan debt collection industry.

Ross noted that Schimel’s inaction to protect the consumer rights of nearly one million Wisconsin student loan borrowers comes on the eve of the five year anniversary of the total student loan debt in the United States reaching $1 trillion.

According to recent statistics there are nearly one million borrowers with $19 billion in federal student loan debt alone. Wisconsin is now ranked in the top five states in the nation for percentage of college graduates with student debt at 70 percent and the average debt load is nearly $30,000.

He concluded, “Brad Schimel opened up a new $1 million department in the Attorney General’s office to sue the federal government when there was a Democrat in the White House. But now he won’t even sign his name to a letter asking a Republican to back off on stripping consumer protections from nearly one million Wisconsinites. Sad.”

The coalition of 21 Attorney’s General letter to Donald Trump’s Education Secretary Betsy DeVos can be found at http://onewi.org/2pYHnl0.

# # #

One Wisconsin Now is a statewide communications network specializing in effective earned media and online organizing to advance progressive leadership and values.

us capitol building
Press Release

Gov. Scott Walker Joins ‘If It’s True’ Crowd

Meanwhile in an interview broadcast on Sunday, Gov. Scott Walker, joined those offering aid and comfort to Moore by falling back on the “if it’s true” refrain.
One Wisconsin Logo
One Wisconsin Now
11/13/2017
scott walker in a hole
Press Release

One Wisconsin Now Statements on Gov. Scott Walker Signing Foxconn Contract

Scott Walker literally signed away our future, agreeing to a contract to send billions of our tax dollars to boost the bottom line of a foreign corporation.
One Wisconsin Logo
One Wisconsin Now
11/10/2017
ron johnson
Press Release

Ron Johnson’s Failure to Confront Sexual Abuse of Women & Children Continues

Ron Johnson Offers Only Qualified Condemnation of Sourced Reporting of Abuse of Teens, Minor Women by GOP U.S. Senate Candidate Roy Moore
One Wisconsin Logo
One Wisconsin Now
11/10/2017
wisconsin over money
Press Release

Rigged Bid Delivers Contract for Scott Walker’s Campaign Treasurer

A consulting firm owned by Gov. Scott Walker’s campaign treasurer Kate Lind received a state contract for services, after being the only one to bid on it.
One Wisconsin Logo
One Wisconsin Now
11/09/2017
scot ross tv still
In the News

Bill would lower drinking age in Wisconsin to 19

Scot Ross, who leads the liberal advocacy group One Wisconsin Now, says the bill sends the wrong message about the state's drinking culture.
WKOW-TV
11/09/2017
university of wisconsin bascom hall
Press Release

UW Students Blast Regents Policy Threatening Free Speech on Campuses

UW students and free speech advocates are organizing to fight back against new restrictions on speech being imposed system wide by the Board of Regents
One Wisconsin Logo
One Wisconsin Institute
11/08/2017
signing contract
Press Release

Before Ink Dry on Contract, Scott Walker Running from Foxconn Deal

Scott Walker Can Run From Deal, But Voters Won’t Let Him Hide From His Giveaway to Foreign Corporation
One Wisconsin Logo
One Wisconsin Now
11/08/2017
Student Loan Debt Graduation Cap and Money
Press Release

Americans Over Age 60 Fastest Growing Demographic for Student Loan Debt

A study from the Consumer Financial Protection Bureau finds that borrowers over age 60 is the age demographic in which debt is growing the fastest.
One Wisconsin Logo
One Wisconsin Now
11/07/2017