On the campaign trail in 2015, Donald Trump said it was “disgusting” that a big corporation could escape taxation by using bookkeeping tricks to shift profits out of the United States. Now the Trump administration is thinking about making it easier to play those tricks. Bloomberg reported this week that the Treasury Department, in a development sure to gladden the hearts of the corporate class, was considering a rollback of rules written by the Obama administration to prevent the very kinds of shenanigans Mr. Trump once condemned.

The American Dream says we should all have a fair shot at a good life, which includes the opportunity to get ahead. Over the past several decades, we have been told repeatedly the most effective way to do that is to attend college so we can meet the challenges of the rapidly changing work world.

A federal judge blasted Education Secretary Betsy DeVos for flagrantly violating an order to stop collecting loan payments from former Corinthian Colleges students, an infringement that could result in fines or other sanctions.

Education Secretary Betsy DeVos is unlikely to go to jail, but the internet might have you think otherwise. The furor online stems from a case involving the now-defunct Corinthian College, a for-profit college that closed in 2015. The U.S. Department of Education had been ordered to stop collecting on the federal loans of students who attended the school. But the departmentdisclosed it had continued to garnish wages and seize tax returns of hundreds of borrowers.

A federal judge in San Francisco rebuked Education Secretary Betsy DeVos for continuing to collect debt payments from students after she had been ordered to stop by a court order, Bloomberg reports. U.S. Magistrate Judge Sallie Kim was far from happy with DeVos in a hearing that took place Monday in San Francisco.

Secretary of Education Betsy DeVos was threatened with jail time after continuing to collect student loan debts from individuals whose loans to a scandal-ridden and bankrupt for-profit college were legally voided. “I’m not sure if this is contempt or sanctions,” U.S. Magistrate Judge Sallie Kim reportedly told Education Department lawyers Monday at a hearing in San Francisco. "I’m not sending anyone to jail yet, but it’s good to know I have that ability."

U.S. Magistrate Sallie Kim told U.S. Department of Education attorneys that she is “astounded” that the Education Department violated her court order and still collected on student loan debt from students who were allegedly defrauded by Corinthian Colleges, a large for-profit college that closed on April 27, 2015, according to reporting from Bloomberg.

A federal judge has tacitly threatened Secretary of Education Betsy DeVos with jail for her ongoing failure (or refusal) to comply with court orders in a student loan case. By way of background, in 2016 the Obama administration finalized rules for the Borrower Defense to Repayment program. This program was created to allow federal student loan borrowers to request loan forgiveness on the basis that their school engaged in unfair, deceptive, or illegal practices.