The Education Department stopped monitoring calls between servicers and borrowers and reviewing borrower data for accuracy, ...
A new GAO report found that Trump's slashing of staff at the Education Department has led to significant gaps in oversight of student-loan servicers.
Without this Education Department oversight, borrowers could "be placed in the wrong loan repayment status, billed for incorrect amounts" and more, the U.S. Government Accountability Office says.
Tax basics: Approved by nearly 58% of city voters in 2022, Measure ULA raises funds for tenant aid and affordable housing construction by taxing real estate selling for $5.3 million or more. The tax ...
New data maps the average student loan balance per borrower in every U.S. state, from $31,800 in the lowest state to $126,500 in the highest. See how your debt compares.
This means that, hypothetically, if Priya’s dad had $150,000 in a bank account when he passed away, the creditors could go after the estate, make a claim and potentially collect the money they were ...
Without this Education Department oversight, borrowers could "be placed in the wrong loan repayment status, billed for incorrect amounts" and more, the U.S. Government Accountability Office says.
The Trump administration, however, argues that just because one assessment is no longer being conducted, that doesn’t mean servicers get off scot-free.
The Saving for a Valuable Education plan is effectively dead after a district judge ruled the repayment plan illegal.
TransUnion and Experian, two of the three major credit bureaus, have started dismissing a larger share of consumer complaints without help since the Trump administration began dismantling the CFPB.