Major student loan update as first change in 40 years begins

THE federal student loan program is undergoing a major update, seeing a key organizational switch after a 40-year run. The Education Department is handing off the management duties for a portion of its student loan portfolio to the Department of Treasury. The historic realignment only encompasses defaulted student loans, at least for the time being. The…

https://www.the-sun.com/money/16202213/student-loan-repayment-program-change-treasury-education-department/