Biden Administration Punishes MOHELA Over Loan Servicing Errors
The Department of Education has taken action against the Missouri Higher Education Loan Authority (MOHELA), one of the nation's largest ...
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Tag: MOHELA
DFPI Fines Student Loan Servicer for Delivering Report 17 Days Late
The California Department of Financial Protection and Innovation announced yesterday it had entered into a consent order with one of ...
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Sen. Warren Convenes Hearing to Grill Student Loan Servicer
One of the nation's largest servicers of student loans is being called before the Senate Banking Committee for a hearing ...
Read moreDetailsReport Calls Out Student Loan Servicer for ‘Call Deflection’ Scheme
An investigation conducted by an advocacy group and a teacher's union has uncovered what a report is calling a years-long ...
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Servicer Loses $7M Over Failure to Send Timely Statements
The Department of Education announced on Monday that it was withholding $7.2 million in payments for a student loan servicer ...
Read moreDetailsEd. Dept. Hands Out Student Loan Contracts to Six Companies, Toughens Contract Terms
The Department of Education on Friday announced that it has awarded contracts to six different companies that will be responsible ...
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