Why millions of student-loan borrowers kicked off Biden's key repayment plan face even more hurdles
The Trump administration has minimal oversight of student-loan servicers as millions of borrowers transition to new plans.
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- A federal watchdog reported diminished oversight over federal student-loan servicers.
- It comes as millions of student-loan borrowers on SAVE will soon have to transition to a new plan.
- Lack of oversight could put those borrowers at risk of billing and account errors.
The student-loan repayment roller coaster keeps rolling.