DOE Keeps Obama Loan Plan - Diverse Military

Higher Education News and Jobs

DOE Keeps Obama Loan Plan

by Stacy Cowley

The Education Department on Friday took up an Obama-era plan to streamline federal student loan servicing by moving to a new, single platform for managing the loans of 43 million borrowers.

The department had indicated it might jettison the previous administration’s initiative, which was intended to simplify a system that consumer advocates have complained is overly complex and rife with poor customer service.

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