Modernizing Federal Student Loan Servicing

By: Richard Cordray, Chief Operating Office, Federal Student Aid, U.S. Department of Education This spring, Federal Student Aid (FSA) will begin improving how individual borrowers manage and repay their federal student loans. Through multiple phases, we will bring...

Remarks for Budget Press Call

I’m pleased to speak to you today to announce and highlight President Biden’s Education Budget for Fiscal Year 2025. From day one, President Biden has fought tooth and nail to deliver the resources to our schools, colleges and universities – not only to recover from...