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[Reduced Federal Oversight Of Student Loan Servicers Under The Trump Administration] The Trump Administration Has Significantly Reduced Federal Oversight Of Student Loan Servicers. Officials At The Consumer Financial Protection Bureau Were Instructed To Deprioritize Student Loan Matters, While Mass Layoffs Eliminated Department Of Education Teams Responsible For Checking Servicer Work Related To The Government's $1.6 Trillion Loan Portfolio. These Actions Raise Concerns Among Advocates About Borrower Protection From Servicer Errors.
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