Treasury Takes Over Defaulted Student Loans
Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The Treasury Department is now managing defaulted federal student loans, a significant shift from the Education Departments previous role. This change, part of broader efforts to streamline operations, wont immediately affect borrowers, who will continue to interact with their current loan servicers. The transition aims to centralize student debt oversight, with more details expected on the full handover.
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