A March 2026 GAO report reveals the Education Department stopped quarterly reviews of student loan servicer accuracy in February 2025 — as FSA cut staff by 46%. Four of five servicers had already failed standards. With 43 million borrowers affected and major repayment changes in July 2026, here’s what you need to know.
The GAO confirmed the CFPB is being cut by roughly 88%, from 1,700 employees to 200, with 42 active enforcement cases dropped. The complaint portal is still open — but your state AG is now your primary line of defense.
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