Federal Student Loan Program
Witnesses testified on ways the Higher Education Act can be improved to help students and their families navigate the federal student loan p… read more
Witnesses testified on ways the Higher Education Act can be improved to help students and their families navigate the federal student loan process. Issues discussed included the need for more financial counseling, and oversight of large loan-servicing companies like Sallie Mae. One witness told the panel that federal law did not require financial counseling once the initial student loan had been made. close
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