Author: administración

Key PointsThe Department of the Treasury is set to take over servicing of $179 billion in defaulted federal student loans owed by 7.8 million borrowers (about 18% of all federal student loan borrowers) under a March 2026 interagency agreement with the Department of Education.A new Congressional Research Service report finds the transfer would more than quadruple the number of debtors Treasury’s collection program handles, at a time when the Bureau of the Fiscal Service has lost roughly 40% of its workforce.A 2017 test of Treasury collecting student loans found Treasury resolved defaulted loans at a lower rate than the Education…

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