The Education Department announced today that it would award $19-million to help loan servicers in the defunct guaranteed-loan program retrain their workers for new jobs. The awards range in size from $6,000 to nearly $5-million, with the largest going to locations where employees will have the hardest time finding new work if they are laid off.
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One Response to Education Dept. Awards $19-Million to Help Retrain Laid-Off Student-Loan Workers
22063319 - October 1, 2010 at 4:42 pm
This money will probably evaporate with very little lasting impact. Hope I’m wrong.