POLITICSMICHIGAN ADVANCE
Leading Dem on US House education panel, advocates blast student loan changes
Education experts and advocates criticized recent federal student loan changes, warning they push borrowers to private lenders and disrupt higher education plans. Rep. Bobby Scott of Virginia highlighted the transfer of student aid functions to the Treasury Department and regulations from the GOP’s tax and spending law as compounding issues for borrowers.
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Adjacent reporting
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- US students face new loan rules
- A new GOP bill aims to make the transfer of millions of student-loan accounts to Treasury official
- US House members scrutinize ‘big, beautiful’ law’s loan limits for nursing degrees
- Student loan changes take effect with new payment plans, borrowing caps
- Student-loan borrowers are taking on debt they can't pay off. There's a renewed push to prevent that.