ML-Implode News - Trump administration rolls back protections for people in default on student loans

The Education Department is ordering guaranteeÂ agencies that collect on defaulted debt to disregard a memo former President Barack Obama's administration issued onÂ the old bank-based federal lending program, known as the Federal Family Education Loan (FFEL) Program. That memo forbid the agencies from charging fees for up to 16 percent of the principal and accrued interest owed on the loans, if the borrowerÂ entered the government's loan rehabilitation program within 60 days of default.
The Obama administration issued the memo after a circuitÂ court of appeals asked for guidance in a case againstÂ United Student Aid Funds (USA Funds) challenging the assessment of collection costs. Bryana Bible took the company to court after being charged $4,547 in collection costs on a loan she defaulted on in 2012. Though she had signed a "rehabilitation agreement" with USA Funds to set a reduced payment schedule to resolve her debt, the company assessed the fees.
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The two-page "Dear colleague" letter from the Trump administration walks back the department's previous stance on the grounds that there should have been public input on the issue.

Public input... not, apparently, like a class-action lawsuit...

Relevant:

Trump administration rolls back protections for people in default on student loans