In The News

DeVos Halts Obama-Era Plan to Revamp Student Loan Management

NYTimes.com

By STACY COWLEY and JESSICA SILVER-GREENBERG

With the stroke of a pen this week, Betsy DeVos, President Trump’s new education secretary, thrust the future of the government’s system for managing federal student loans into confusion.

It was a high-stakes move: Her department administers $1.3 trillion in loans on behalf of nearly 43 million student borrowers.

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