Independent Audit Flags ‘Material Weakness’ in ED’s Most Recent Budget Estimates for Student Loan Cancellation
NASFAA Hugh T. Ferguson January 27, 2023 President Joe Biden’s student loan debt relief plan has come under increased scrutiny from an annual audit of the Department of Education’s (ED) finances. The audit, conducted by KPMG, an independent certified public accounting firm contracted by ED’s Office of Inspector General, reviewed the department’s financial […]







