QUORUMCALL//GPT:
Democratic Senators Ron Wyden and Elizabeth Warren have demanded answers from Maximus, an Education Department contractor, over its handling of student loan services. They have accused Maximus of providing false information to borrowers and failing to properly implement income-driven repayment plans.
CONTRACTOR CONTROVERSY
– Maximus has been accused of discouraging borrowers from pursuing income-driven repayment plans, which could lead to loan forgiveness.
– The Senators have asked Maximus to provide details on its training and oversight procedures by April 20th.
SENATORS ON THE OFFENSIVE
– Wyden and Warren have been vocal critics of the student loan industry and the Education Department’s oversight of its contractors.
– They had previously expressed concern over Maximus’s $500 million contract with the department.
TOPICS COVERED
– #StudentLoans #EducationDepartment
The KQEN News Radio reports local and national news, focusing on events in Oregon, which is Senator Wyden’s home state.
