Testimony of Winfield Crigler, Executive Director SLSA
Senate Information Hearing on “The Changing Face of Student Loan Servicing in California”
There is approximately $1.4 trillion in outstanding student loans ($1.3 trillion federal loans). More than $1 trillion (and the fastest growing piece) is made up of loans that are made and/or held by the U.S. Department of Education. I will therefore focus on federal loans in my testimony today.