Millions of student-loan borrowers risk facing debt collectors who were penalized for 'misleading' behavior

• Private student-loan collectors penalized for claims of misleading behavior could work with borrowers again.
• It’s part of Trump’s transfer of defaulted student loans from the Education Department to the Treasury.
• It could expose borrowers to high collection fees and repayment challenges.

“We want to make sure that we’re developing best practices, along with our Treasury colleagues, to be able to service that debt in a much more effective way than we ever have,” Kent said.