Testimony of Joanna Darcus regarding “An Examination of State Efforts to Oversee the $1.5 Trillion Student Loan Servicing Market”
There has never been a more important time to focus on student loan servicing issues. The scale of the federal student loan servicing industry and the impacts of its actions are vast. Americans now owe more in student loan debt than they do for auto loans, credit cards, or any other non-mortgage debt.