Education Department Overhauls Federal Student Loan System, Aiming to Make It ‘Simpler, Fairer and More Accountable'

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Education Department Overhauls Federal Student Loan System, Aiming to Make It ‘Simpler, Fairer and More Accountable'
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The U.S. Department of Education announced sweeping new changes to the federal student loan system, including additional consumer protections for borrowers.

The U.S. Department of Education announced on Monday sweeping new changes to the federal student loan system, including additional consumer protections for borrowers and limits on the interest that accrue on the debt.

The U.S. Department of Education announced on Monday sweeping new changes to the federal student loan system, including additional consumer protections for borrowers and limits on the amount of interest that can accrue on the debt.

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