We’re creating to need that be certain that done rescue to help you government student loan consumers following historic $step 1
For decades, Navient involved with prevalent unfair and you may misleading student loan upkeep techniques and you may abuses within the originating predatory student loans just like the Institution out-of Degree (ED) turned into a beneficial blind eyes
- Senator Van Hollen co-backed S.Res. 46, delivered because of the Senator Chuck Schumer (D-Letter.Y.), requesting the management cancel doing $fifty,000 into the government education loan obligations as a result of executive authority and you may encouraging the newest administration, in the getting such as for instance action, to make certain administrative obligations termination facilitate personal racial money holes and you may prevents the majority of Federal student loan personal debt cancellation benefits accruing on wealthiest individuals.