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10.27 Student Loan Ombudsman

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10.27 Student Loan Ombudsman

 

 


10.27.   Student Loan Ombudsman.  The Treasury Secretary will designate a Private Education Loan Ombudsman within the Bureau, to provide assistance to borrowers of private education loans.  Information about the availability and functions of the Ombudsman will be spread to borrowers and participants in student loan programs.  The Ombudsman will handle complaints from student loan borrowers and will coordinate with the student loan ombudsman under the Department of Education. [§ 1035]