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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.

Nathan Howard/Getty Images

  • 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.

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