Audit finds widespread problems with student loan oversight

A FEDERAL AUDIT found numerous shortcomings with the oversight and servicing of student loans under the U.S. Department of Education and its partners. / BLOOMBERG FILE PHOTO/MICHAEL OKONIEWSKI
PROVIDENCE – Federal Student Aid, a part of the U.S. Department of Education that oversees the nation’s 30 million student loans, and the nine companies and organizations tasked with servicing the loans failed to do their jobs properly over a period of years, according to a new report from the Department of Education’s Inspector General’s…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -