Consumer Agency Blocked From Repairing Education Loan Forgiveness System

Consumer Agency Blocked From Repairing Education Loan Forgiveness System

Numerous public solution employees thought these were in line to possess their figuratively speaking forgiven. They made re re payments for a decade and then learn these people weren’t into the loan forgiveness program that is right.

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

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We now have news now of education loan forgiveness system this is certainly troubled. NPR has learned the Trump management blocked a customer security agency from wanting to repair it. This program is supposed to aid service that is public and people whom work with nonprofits, but thousands state these people were unfairly refused. NPR’s Chris Arnold reports.

CHRIS ARNOLD, BYLINE: Wendy Feliciano works well with law enforcement division in nyc.

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

ARNOLD: And back 2007, Feliciano heard of the start of the general Public provider Loan Forgiveness Program. It guarantees that once you make re payments for decade, your staying education loan financial obligation will soon be forgiven, which sounded great. Read more