Lawmakers Approve Oversight for Companies Servicing Student Loans
State lawmakers have again taken aim at the growing student-debt crisis in New Jersey, releasing a bill that former Gov. Chris Christie let die when he left office. The Assembly Higher Education Committee on Thursday passed S-1149/A-455 which would establish a student-loan ombudsman within the state Department of Banking and Insurance (DOBI). It would give DOBI the power to enforce...