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The Trump administration’s decision to drop a $2.25 million CFPB settlement against student loan trusts is part of a pattern of reducing consumer protection efforts in the student loan industry.

Advertising Disclosure: When you buy something by clicking links within this article, we may earn a small commission, but it never affects the products or services we recommend. In a significant shift, the Trump administration has voluntarily dismissed a federal lawsuit against National Collegiate Student Loan Trusts, abandoning a proposed $2.25 million settlement that could have benefited…