Entrance counseling is a federal and institutional requirement for all student loan borrowers. All first-time Stafford Loan and borrowers must complete entrance counseling and sign a Master Promissory ...

while business growth remained weak," MOFSL wrote in a note. In its post-earnings call, Federal Bank, stated that it expects its loan book to grow at 1.5x the overall system growth rate.

Could borrowers see their debts wiped out if the DOE is shuttered, or would their loans be under new management?