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Title

  • Trump Trashes Protections for Students and Taxpayers

Description

  • Private companies that service college loans will profit at the expense of students because the Trump administration killed commonsense changes to reduce the default rate among college borrowers, Illinois State Treasurer Michael Frerichs said today.Lets be clear about what President Trumps changes mean. These service centers, when speaking with college graduates who want to work out a payment plan, will not have to tell the truth, Frerichs said. It will needlessly result in more college defaults for individuals and higher profits for corporations at the expense of every-day taxpayers.

Originally Deposited as: 192747

Published By:
Phone Number:

Language(s): EN-English

Volume or Year: 2017
Number or Issue: April 24

Date Created: 04-24-2017
Date Last Modified: 04-24-2017

Librarian Remarks:

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1. Trump Trashes Protections for Students and Taxpayers (14292-TREAS_Student_Loans_Release.pdf).
Document Size: Software: Microsoft Office Word Version: 10

This is part of a series. It is part of Press releases from the Governor's agencies: 78543