On April 13, 2021, Senator Elizabeth Warren (D-MA) conducted her first hearing on student loans as chair of the Senate Subcommittee on Economic Policy, during which time the bulk of her attention was aimed toward John Remondi, president and chief executive officer of Navient Corporation, the nation’s largest administrator of education-related debts and also the subject of numerous alleged abusive and misleading practices.

Much of the hearing was spent on the difficulties eligible borrowers have had arranging for the discharge of their remaining loan balances under the Department of Education’s (ED) Public Service Loan Forgiveness program (PSLF) and the continuing…

Mitchell D. Weiss

Financial services entrepreneur, author, Exec. in Res. University of Hartford, adjunct faculty Rutgers University. www.mitchelldweiss.com

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