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The loan process, structured to prevent diversion of funds by students, has instead created loopholes for corruption. Funds are released from NELFUND to banks, then to universities, bypassing ...
GILKIS - Damon Hyland/Getty Images More changes are coming for student loan borrowers enrolled in ... the income-driven repayment (IDR) plan process. Under a new method, enrolling in the IDR ...
After claiming to have found hundreds of millions of dollars in questionable loans, the Department of Government Efficiency (DOGE) has instituted some changes to how loan applications will be ...
adding that with the new development loan applicants would complete the process as they register in their respective institutions. Sharing more insight on the update, Iyal said, “We observed ...
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.