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Senate GOP Student Loan Plan May Trigger Wave of Defaults, Experts Warn

Summary by fintreat.com
A Senate Republican proposal to overhaul student loan repayment could lead to a dramatic increase in borrower defaults, according to higher education advocates. Sameer Gadkaree, president of The Institute for College Access Success, cautioned that the higher education provisions in the Senate GOP’s reconciliation bill “would cause widespread harm to...
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fintreat.com broke the news in on Monday, June 16, 2025.
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