Consumer Confidential: States brace for battle with Trump administration over student loans
Ask Republican politicians how they feel about gun control, and they'll say this is a matter for states to decide. "I think we need to respect federalism and respect local jurisdictions," House Speaker Paul D. Ryan insisted just last week.
But ask Republicans about protecting people from being ripped off by student-loan debt collectors, and they'll sing a completely different tune.
A confidential draft memo drawn up by the U.S. Department of Education lays out the case for why states, including California, should abandon their own laws for student-loan servicers and let the feds allow
