Trump administration pushes student loan warnings: Here’s why experts say it misses the mark
The Trump administration has announced a financial literacy initiative warning students about the risks of federal loans amid record-high defaults and delinquencies. The US Department of Education aims to provide early guidance to borrowers, but staffing cuts and a backlog of over 1.3 million income-driven repayment applications raise concerns. Experts and advocates, as reported by CNBC, argue that the focus on education may neglect more urgent problems affecting current student loan borrowers.
The Trump administration has announced a financial literacy initiative warning students about the risks of federal loans amid record-high defaults and delinquencies. The US Department of Education aims to provide early guidance to borrowers, but staffing cuts and a backlog of over 1.3 million income-driven repayment applications raise concerns. Experts and advocates, as reported by CNBC, argue that the focus on education may neglect more urgent problems affecting current student loan borrowers.
