Powell Prioritizes Student Loan System Review

Why it matters locally: Nevada residents, like those in other states, will be directly affected by any changes to the national student loan system, including potential adjustments to interest rates on existing and future loans.

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The newly appointed head of the national student loan body has designated the student loan system as an immediate focus. She assumed her role this week, indicating that reviewing the system is among her first tasks. She has previously made public statements regarding the interest rates associated with Plan 2 loans. In past comments, she characterized these interest rates.