The headline says, “New Debit Card for Federal Student Loan Borrowers Could Save Money, but Concerns Linger." My focus turned immediately to “concerns."
If you've been a regular reader of my columns, you know that my most referenced topic is student loan debt and the miseries that accompany it, long after graduation. Earlier this week, I mentioned the new Florida action that revokes the medical licenses of health care workers who have fallen into default on their student loan payments. This is a serious consequence, since it prohibits the defaulters from continuing their livelihoods.