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Why Student Loan Company Nelnet Is Having a Meltdown

Illustration by Luis G. Rendon/The Daily BeastThe country’s largest student loan provider, Nelnet, is under fire as borrowers say they are experiencing a litany of problems with the company as student loan payments restart. Frustrated with the lack of communication, people have taken to social media to share their stories and demand answers from the company. And most of them are still waiting.The Daily Beast spoke to more than a dozen people who said they are experiencing a diverse range ...
United States North Carolina Great Lakes Heather Schroering Ohitsheather Bobby Matson Wendy Kelly
Source: yahoo.com

Confusion clouds return of student loan payments

Student loan borrowers are facing complications and confusion with the restart of payments as President Biden’s new income-driven repayment (IDR) plan hits snags in its implementation. Before payments restarted after a three-year pandemic break, the Biden administration pushed the Saving on Valuable Education (SAVE) plan to help lower monthly payments, but it has been giving…
United States Scott Buchanan Bobby Matson Public Service Loan Forgiveness Department Of Education Student Loan Servicing Alliance
Source: yahoo.com

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