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Trump's Treasury is taking over millions of student-loan accounts. Obama tried this, and it didn't succeed.

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Business Insider Fews App News Provider
Fews App Post Time Hace 11h

The Treasury Department is expected to soon take over some of the federal student-loan portfolio. Nathan Howard/Bloomberg via Getty ImagesThe Treasury Department is set to begin taking over defaulted student-loan borrowers' accounts. An Obama-era pilot program found the Treasury had low recovery rates on defaulted student loans.

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