Student-loan borrowers are facing 'drastic changes' to repayment that require lawmakers to step in, 89 organizations say
Source: Business Insider ·
Nearly 100 organizations are calling on Congress to hold an "emergency hearing" in light of major student-loan repayment changes over the past months.
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Organizations are calling on lawmakers to conduct an emergency hearing following major student-loan repayment changes.Getty Images89 groups ask lawmakers for an emergency hearing on student-loan repayment changes and errors.Borrowers have reported errors and glitches with their repayment following Trump's overhaul.The groups said that Congress should step in to ensure student-loan borrowers are protected.On Tuesday, a coalition of 89 advocacy groups, unions, and nonprofits told Congress: student-loan borrowers need emergency oversight.Organizations including the advocacy group Protect Borrowers, the AFL-CIO, and the American Federation of Teachers, called on multiple House and Senate leaders to ensure accountability for student-loan servicers and the Education Department in implementing President Donald Trump's repayment overhaul.The letter cited Business Insider's reporting on the host of repayment changes that have sparked confusion and errors for borrowers in recent months, after…