Cory Turner Just over a year ago, the U.S. Department of Education abandoned key oversight of the companies that run the federal student loan program, according to a new report from the nonpartisan U.S. Government Accountability Office (GAO). GAO investigators found that, in February 2025, the Office of Federal Student Aid (FSA) stopped reviewing the accuracy of loan servicers' records. FSA also stopped reviewing recordings of calls with borrowers to make sure they're being given accurate information. Without this oversight, the report warns, borrowers could feel the consequences. "If servicers' records are inaccurate, borrowers could, for instance, be placed in the wrong loan repayment status, billed for incorrect amounts, or not have a refund processed in time," the report says.…