Trump's student-loan repayment overhaul faces a new lawsuit from the biggest public service and healthcare unions
Unions, including the AFL-CIO and the American Federation of Teachers, sued the Education Department over its proposed student-loan borrowing caps.
Unions, including the AFL-CIO and the American Federation of Teachers, sued the Education Department over its proposed student-loan borrowing caps.
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Why it matters
The lawsuit against the Education Department's student-loan repayment overhaul by major unions represents notable regulatory and policy contention that could affect credit availability and borrower protections in the student loan market, impacting a broad segment of borrowers and lenders.
Sources
Business Insider
Trump's student-loan repayment overhaul faces a new lawsuit from the biggest public service and healthcare unions
Unions, including the AFL-CIO and the American Federation of Teachers, sued the Education Department over its proposed student-loan borrowing caps.