I wonder how much of the specific forgiveness problem has to do with private loan servicing. As someone who switched to direct loan servicing in 1995, I found

I wonder how much of the specific forgiveness problem has to do with private loan servicing. As someone who switched to direct loan servicing in 1995, I found it refreshing to have a government official (who has no financial incentive to deceive you) service your loan. Before 1993, Stafford, PLUS and other student loans were guaranteed by the Federal Government but held and serviced by private entities. In 1993, direct student loan servicing was created and there was a way to convert your loans to be government held and serviced. Starting 2010 only federal direct loans are issued. The history is very political [1]. [1] https://www.newamerica.org/education-policy/policy-explainers/higher-ed-workforce/federal-student-aid/federal-student-loans/federal-student-loan-history/ https://www.newamerica.org/education-policy/policy-explainer...