Federal Oversight Halted, Putting Student Borrowers at Risk

A new report reveals that the Education Department has stopped key oversight measures, potentially exposing student borrowers to inaccurate loan statuses and incorrect billing.
Federal oversight has played a critical role in protecting student borrowers, but a new report from the U.S. Government Accountability Office (GAO) suggests that some of this oversight has stopped, putting borrowers at risk.
According to the GAO, without the Education Department's monitoring and enforcement, borrowers could
Source: NPR


