The American Federation of Teachers, or AFT, said Wednesday it is suing the US Department of Education for "breaking the student loan system."
The Education Department is "denying borrowers' access to affordable loan payments and blocking progress towards Public Service Loan Forgiveness, in violation of federal law," the union said.
The AFT claimed that federal education officials have removed access to income-driven repayment plans by removing the application form from the Education Department's website and "secretly ordering student loan servicers to halt all processing."
The suit was filed in federal court in Washington D.C. and is seeking a court order to restore borrowers' access to the affordable loan plans, the union said.
The US Department of Education did not immediately respond to a request for comment from MT Newswires.
Price: 29.55, Change: +0.42, Percent Change: +1.42
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。