In education news, the top federal consumer watchdog for student loans has resigned and accused the Trump administration of siding with predatory lenders over the nation’s student loan borrowers. Seth Frotman worked as student loan ombudsman under Mick Mulvaney, the acting head of the Consumer Financial Protection Bureau. In his resignation letter to Mulvaney, Frotman wrote, “Unfortunately, under your leadership, the Bureau has abandoned the very consumers it is tasked by Congress with protecting. Instead, you have used the Bureau to serve the wishes of the most powerful financial companies in America.” Frotman’s resignation comes as outstanding student loan debt has topped $1.5 trillion.