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It seems that no one has happened to what happened with the student credit program.
A group of 25 Senate Democrats on Friday write Education Secretary Linda McMahon, asked for more information about the Azerbaijani annum in February, asked for more information about eliminating online applications for several popular income payment plans. The action has created mass uncertainty for millions of borrowing, because many prevented many of the time they needed to repay many of them from the ballooning.
“Borrowers are not sure that many of these plans and these sudden and careless actions, the less payment options for millions of borrowers do not do to manage the options and their debt,” Oregon Senate and Vermont Sender Bernie Sanders
The Department of Education did not respond to commentary to Yahoo Finance. However, the letter emphasizes the extent that politicians in Washington are in the dark about the plans of the department. Consumer groups remain the same extent.
“I just said that the leadership of the Borrower Loan Assistance Project,” Abby Shafrot will continue to lead, and the people of the National Consumer Credit Center, “Abby Shafrot, the National Consumer Loan Credit Center said.
In the last month of last month, the Department of Education closed the online application portal for the borrowed income in one part of the debtors in the income of each month. Celebrated in a hurry.
Read more: What is the Revenue Managed Payment Plan?
By closing online forms, the department also prevents access to all plans based on the same application, but not part of the trial. Shortly afterwards, the Washington Post reported a memorial to student credit services that instructed the education department Stop accepting or working Idr applications waiting for any waiting for 90 days. According to the letter of the Senate on Monday, there are about 1 million outstanding applications.
As a result of the break, former students who have difficulty paying loans per month, they are unable to apply for more managed payment options, they are more than financial results and financial results such as credit scores.
