DeVos Halts Obama-Era Plan to Revamp Student Loan Management

With the stroke of a pen this week, Betsy DeVos, President Trump’s new education secretary, thrust the future of the government’s system for managing federal student loans into confusion. It was a high-stakes move: Her department administers $1.3 trillion in loans on behalf of nearly 43 million student borrowers....
https://www.nytimes.com/2017/04/14/business/dealbook/education-department-federal-student-loan-program.html?_r=1