Lawsuit filed in federal court accuses Education Dept. and America's federal consumer watchdog agency of abandoning its authority to oversee companies that service federal student loans.
DeVos and Kraninger are"ignoring student loan industry abuses at a time when stronger consumer protection laws are desperately needed," Natalia Abrams, executive director of Student Debt Crisis, said in a statement.
in 2018 and accusing the Trump administration of curbing the agency's authority to look into the student loan industry.Education Department spokeswoman Angela Morabito said the department does not comment on pending litigation. The latest lawsuit comes as the fate of the bureau is in the hands of the Supreme Court, which said it will hear a case
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