By: Tonya Mead, CFE, PI, MBA, MA Educational Psychology
Last night at around 10:30pm, James Runcie, Chief Operating Officer of the Office of Federal Student Aid, U.S. Department of Education resigned, reportedly due to his refusal to testify before the House Oversight Committee.
House Education and the Workforce Chairwoman Rep. Virginia Foxx discerned, “No one employed by the federal government should be immune from accountability, especially someone responsible for overseeing more than $1 trillion in federal student loans,” (reported by Politico here).
House Oversight Chairman Rep. Jason Chaffetz observed that “for years, the Inspector General and this Committee have warned the Department of Education of vulnerabilities to its $1.1 trillion federal loans program.”
Concerned taxpayers had expressed dismay that the current Trump presidential administration appeared to be “abandoning the crackdown on fraudulent practices” occurring in education; particularly for profit entities.
Thanks Secretary DeVos for understanding that oversight of taxpayer funds should be apolitical and is necessary to deter, detect, investigate and resolve fraud.
Tonya J. Mead, CFE, PI, MBA, MA, Certified K-12 Administrator and School Psychologist is author of Fraud in Education: Beyond the Wrong Answer and president of Shared Knowledge, LLC http://ishareknowledge.com