Feds will now cooperate w/ state AGs re investigation of dicey servicers of student loans

lizkat

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File under: repairing roadblocks put up by Trump / Betsy DeVos during previous administration's Education Department.


Naturally there have been some knee-jerk objections to this from some Republicans, but others had asserted that the previous administration's recalcitrance was interfering with states' rights to conduct and regulate business. Courts had also tossed some of Trump's attempts to block investigations of loan servicers. So on balance looks like some of the mess with bad apples in the student loan provision and servicing sector might actually get cleaned up with more alacrity now.
 
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