Sarah Chu’s $25,000 undergraduate student loan debt hasn’t been paid off yet, and neither have the loans she’s taking out to attend the Rutgers School of Public Health, but she can already feel their weight lifting off her shoulders — at least, $10,000 worth.

The Consumer Financial Protection Bureau's Student Loan Ombudsman Seth Frotman resigned Monday, citing political differences at the agency under Acting Director Mick Mulvaney.

In another startling blow to education under President Donald Trump, the administration rescinded a previous Obama-era regulation last week that prohibited student debt collection agencies from charging...