Biden admin. revokes Trump-era rule that consumer advocates say allowed the Education Dept. to subvert state law enforcement probes of student loan servicers — one of a series of recent overhauls that could pave the way for more robust investigations.
, who was accused of putting the for-profit college industry and student loan servicers ahead of helping student borrowers.
The Student Loan Servicing Alliance, a trade group, which had defended the Trump administration's interpretation — saying it was"not just good law, it is good policy" — did not immediately respond to a request for comment Tuesday. Cardona said last month that"effective collaboration among the states and federal government is the best way to ensure that student loan borrowers get the best possible service."
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Latinos simpatizantes de Trump protestan durante la visita de Joe Biden a Long BeachMás de 300 personas, muchas de ellas latinas, se reunieron en Long Beach para protestar durante la visita del presidente Joe Biden, que llegó a California como una señal de apoyo al gobernador Gavin Newsom que se encuentra a unas horas del cierre de las elecciones en las que se definirá su futuro…
Read more »
Rep. Chrissy Houlahan calls out Biden administration’s Afghanistan withdrawal deadlineRep. Chrissy Houlahan (D-Pa.) explains why the Biden administration’s timeline to withdraw troops from Afghanistan limited America’s negotiating ability.
Read more »
Biden judicial picks win Senate backing at pace not seen since NixonPresident Joe Biden's nominees to the federal bench are winning U.S. Senate confirmation at a pace not seen in half a century, as Democrats race to put their stamp on the increasingly conservative judiciary before they potentially lose their control of the chamber.
Read more »