The transfer of millions of student-loan accounts to the Treasury is taking a key step forward

The Treasury Department announced new steps to take over defaulted student-loan accounts. Andrew Harnik/Getty Images The Treasury announced new steps to take over millions of defaulted student-loan accounts. They include new partnerships with vendors to facilitate collections and a centralized rehabilitation hub. Former officials and lawmakers have said the Treasury may not be equipped to manage student loans. The transfer of student-loan accounts to the Treasury Department is moving forwar...