Less Bureaucracy, Better Student Aid Act transfers federal student loan management to the Department of the Treasury.
The Less Bureaucracy, Better Student Aid Act shifts the management of federal student loans, federal student debt, and student aid eligibility policies from the Department of Education to the Department of the Treasury. This includes transferring functions related to servicing and collections of defaulted federal student loan debt, as well as the administration of various federal student aid programs.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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