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One of the main lobbying organizations that represnts loan servicers and other student loan entities has named its new president.
The Education Finance Council on Monday said that Debra J. Chromy would lead the group. Chromy was most recently a vice president at American Student Assistance. She replaces Vince Sampson, who left the council earlier this year to join a law firm.
The group represents nonprofit and state entities that provide student loans, as well as loan servicers, which have increasingly faced scrutiny in Washington over how well they help struggling borrowers avoid default.
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