Explosive The latest Evidence of Mismanagement out-of Education loan System Reveals You prefer to have IDR Waiver
Before today, an NPR investigative statement shown sweeping issues afflicting a federal pupil loan system designed to offer borrowers affordable monthly obligations and you can financing forgiveness once 20 years from inside the repayment. The study learned that on top of in earlier times noted issues with loan servicer misconduct blocking borrowers regarding opening and you can becoming enrolled in income-motivated cost (IDR), careless and you may contradictory relying out-of being qualified costs on the forgiveness by the servicers can get mean consumers was indeed robbed regarding advances towards the guaranteed financing forgiveness. (περισσότερα…)