Aidvantage News Today

The Biden administration is withholding more than $2 million from three of the nation’s largest student loan servicers over billings errors.

The tens of millions of student loan borrowers who must begin making payments in October are confronted with confusion and lack of information from the privately-owned corporations that service their debts under contract with the US Department of Education.

As people begin repaying student loans in October, some are finding their payments have increased and are being handled by new companies.

With US student loan debt already at $1.7 trillion, millions of youth and workers are being hit with the resumption of payments next month.

U.S. government services company Maximus, which has a location on Keystone Avenue in CenterPoint Commerce & Trade Park in Jenkins Twp., has laid off 16 people in Pennsylvania, a company

The U.S. Department of Education is prepared to pull millions of borrowers out of default and mark accounts as current as student loan borrowers prepare to pay back debt amid student loan payment pause extension.

The U.S. Department of Education is prepared to pull millions of borrowers out of default and mark accounts as current as student loan borrowers prepare to pay back debt amid student loan payment pause extension.

Several federal student loan servicers notified borrowers they would be changing hands in 2022. Some have already made the switch.

Several federal student loan servicers notified borrowers they would be changing hands in 2022. Some have already made the switch.

Several federal student loan servicers notified borrowers they would be changing hands in 2022. Some have already made the switch.