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A new era for student-loan borrowers is here

All Content from Business Insider·Ayelet Sheffey·2 days ago
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Student-loan borrowers are entering a new oversight era

Stefani Reynolds/Getty Images; BI Democratic lawmakers are expected to launch new oversight over federal student loans.

A student-loan oversight wave is coming.

After Democrats gained control of both the House and Senate in the midterm elections, they began to release priorities for the next Congress. Oversight of the Trump administration's actions was top of the list, including the Department of Education and its student-loan changes .

Massachusetts Sen. Ed Markey said in a press conference ahead of the election that "we're going to begin to have the hearings."

"We're going to begin to make this administration accountable, and Linda McMahon will sit there under oath beginning to answer questions about what is going on at this department because it is hurting right now millions of people across this country," Markey said, referring to the education secretary.…

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