Department Awards Contract to Firm with Ties to Secretary

“A company that once had financial ties to Education Secretary Betsy DeVos was one of two firms selected by the U.S. Department of Education to help the agency collect overdue student loans. The deal could be worth hundreds of millions of dollars,” according to the Washington Post.

“The decision to award contracts to Windham Professionals and Performant Financial Corp. — the company in which DeVos invested before becoming secretary — arrives a month after a federal judge ordered the department to complete its selection of a loan collector to put an end to a messy court battle. Windham and Performant beat out nearly 40 other bidders for contracts valued at up to $400 million, but their win may be short-lived if the losing companies fight the decision.”

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