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#debt collection

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Finance

Treasury Takes Over Student Loans Amid Education Dept. Dismantling

The U.S. Treasury is taking over student loan collections as the Department of Education faces dismantling. With $1.7 trillion in student debt and many borrowers in default, this move aims to increase accountability and help borrowers repay. The change also sparks debate about the value of higher education versus vocational training.

1 week ago