QUORUMCALL//GPT:
Democratic Senator Elizabeth Warren has publicly criticized the CEO of student loan firm MOHELA, after he refused to answer questions by Congress about the company’s widespread service failures. Warren tweeted that the refusal was “unacceptable” and that failure to appear before Congress was “a slap in the face to student loan borrowers across the country.”
THE DETAILS
• Warren, along with other Senate Democrats, had requested that MOHELA CEO James Hutchins testify before Congress about the company’s ongoing service issues, including mismanaged loans and poor communication with borrowers.
• Hutchins declined the request, citing that it was not appropriate for him to answer questions about individual loans.
THE REACTION
• Warren responded to this refusal with a fiery tweet, stating that Hutchins’ refusal to appear was “unacceptable” and a show of disrespect to student borrowers.
TOPICS COVERED
#Education #StudentLoans
SOURCE NOTE
The article is written by MSN Money, a trusted source for financial news and insights.
