Dr. Michael Grayson talks student loan management | Midday Break Room w/ Roxi Fab - 6.30.26

Dr. Michael C. Grayson is a nationally recognized credit expert, financial educator, author, and consumer advocate who has spent more than 25 years helping individuals improve their financial standing, eliminate debt, and understand the credit system. He currently holds all three credit industry records including the highest recorded credit score. He is the founder of the Credit and Debt Management Institute (CDMI) and creator of educational programs focused on financial literacy and consumer empowerment. Student loan borrowers who have grown accustomed to flexible repayment options may soon find themselves facing dramatically higher monthly payments, damaged credit scores, aggressive collection efforts, and serious financial hardship. This may be due to the fact that the US Dept. of Education announced an agreement where the management of federal student loans will be transferred to the Treasury Department. Dr. Grayson joins the show to talk about how the US Treasury Department's management of federal student loans can negatively impact borrowers.