Treasury Department Takes Over Student Loan Collections From Dept Of Education

The College Investor | 19.03.2026 20:49
The Department of Education and the U.S. Treasury Department announced a new interagency agreement on March 19, 2026, that will shift operational control of defaulted federal student loan collections from Education to Treasury. This comes as nearly 7.7 million student loan borrowers holding $180 billion in student loans are in default.
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