Explore alternative career paths that may offer higher earning potential and better opportunities for student loan repayment.
The Role of Government and Institutions in Student Loans: Regulations and Reforms
The government and educational institutions play a significant role in regulating and shaping the student loan landscape. Various regulations and policies aim to protect borrowers and ensure responsible lending practices.
Government Regulations and Reforms
The government implements regulations to protect student loan borrowers from predatory lending practices and ensure transparency in the student loan industry. These regulations include disclosure requirements, interest rate caps, and protections for borrowers in default.
