POLITICSFORTUNE
Washington gutted the office that manages your student loans. Next week, it has to reinvent them
Federal Student Aid (FSA), the office managing U.S. student loans, has been significantly impacted by DOGE cuts, leading to operational issues and challenges for borrowers. Upcoming changes in July 2025 will impose lifetime loan caps and limit repayment options, while a report reveals 40% staff attrition at FSA, with nearly a quarter of suboffices having no remaining employees.
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