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Democratic senators seek details on Education Department’s use of $1 billion

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  • Four Democratic senators asked Linda McMahon to detail the Education Department’s use of student aid funding.
  • $215.5 million had been spent, while more than $452.4 million was expected to remain unspent.
  • Student loan delinquencies reached 10.6% in the second quarter of 2026, according to the New York Fed.
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