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GAO: Education Needs to Fix Gaps in Federal Student Loan Servicer Oversight

·Source: GAO Reports

GAO reports the Department of Education’s Federal Student Aid stopped quarterly assessments of student loan servicers’ accuracy and call quality in February 2025 due to staffing capacity limits. The report highlights oversight gaps that could affect borrower account accuracy and customer service, and calls for Education to address these weaknesses.

Read full story at GAO Reports

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student-loansdepartment-of-educationfsagao-reportloan-servicersoversight