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Under the President’s Proposal, won’t the 35,000 jobs that comprise the existing student lending infrastructure be redirected to other individuals by the federal government?

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Under the President’s Proposal, won’t the 35,000 jobs that comprise the existing student lending infrastructure be redirected to other individuals by the federal government?

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These jobs are currently located throughout all regions in the country and are held by individuals with years of experience in serving students and schools. Under the President’s plan, there would be a centralized contract for services.

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