Customer Agency Blocked From Repairing Student Loan Forgiveness System

Customer Agency Blocked From Repairing Student Loan Forgiveness System

Numerous service that is public thought these people were lined up to possess their figuratively speaking forgiven. They made payments for a decade and then find out these people weren’t when you look at the right loan forgiveness system.

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Exclusive: Turf War Blocked CFPB From Assisting Fix Education Loan Forgiveness System

STEVE INSKEEP, HOST:

We now have news now of a learning pupil loan forgiveness system this is certainly troubled. NPR has learned the Trump management blocked a consumer security agency from attempting to correct it. This system is meant to aid general public service employees and people whom work with nonprofits, but thousands say these were unfairly refused. NPR’s Chris Arnold reports.

CHRIS ARNOLD, BYLINE: Wendy Feliciano works for the authorities division in new york.

WENDY FELICIANO: i will be a sergeant when you look at the NYPD, and I also work with the Bronx – within the Bronx borough.

ARNOLD: And back 2007, Feliciano learned about the start of the general Public provider Loan Forgiveness Program. It guarantees that when you make payments for ten years, your staying education loan financial obligation would be forgiven, which sounded great. She claims she owed about $40,000, therefore she called within the true quantity on the education loan declaration, chatted to a call center worker.

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