Report finds host of problems with student loan servicing, oversight

The nine companies and organizations tasked with servicing the accounts of the nation’s 30 million student loan borrowers repeatedly failed to do their jobs properly over a period of years and their regulator neglected to hold them responsible, a new report finds. The report released Thursday by the Department of Education’s independent inspector general’s office...

from New York Post https://nyp.st/2N8d58z