On the recordJuly 22, 2026
Student loan debt now exceeds $1.7 trillion. Borrowers need clear guidance and certainty.
Student loan debt now exceeds $1.7 trillion. Borrowers need clear guidance and certainty.
Speaking on student loan debt and guidance needs.
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Codifying this new system without assessing its effectiveness just doesn’t make any sense.
Treasury has no expertise serving students or institutions of higher education or monitoring servicers for accuracy.
The repeal represents the federal government walking away from that responsibility, which jeopardizes the hard-fought progress we have made.
The sweeping changes to the federal student loan system originating from that law are compounding the issues that have risen from the dismantling of the Education Department.