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Collaborating to Fix Student Loans

The Department of Education is planning to continue addressing reforms to the administration of the student loan program — based partly on the input of two Democratic senators, according to a letter sent by Secretary of Education Miguel Cardona earlier this month.

Cardona told Senate Majority Leader Chuck Schumer, a Democrat from New York, and Senator Elizabeth Warren, a Democrat from Massachusetts, that in the upcoming months, the department will be working to improve targeted debt relief, address student loan servicing and debt collection and strengthen oversight and enforcement of both institutions and accrediting agencies.

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