Aidvantage added to student loan chaos with late bills, feds say. Now it faces a big fine.
The Biden administration is withholding more than $2 million from three of the nation’s largest student loan servicers over billings errors.
Source: aol.com
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Student loan borrowers face servicer disarray as monthly payments are set to resume
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.
Source: wsws.org
As student loan repayment begins, some find monthly payments dramatically increased
As people begin repaying student loans in October, some are finding their payments have increased and are being handled by new companies.
Source: abc7chicago.com
US student debt crisis deepens as federal loan interest accrual resumes
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.
Source: wsws.org
Maximus lays off 16 people in Pennsylvania
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
Source: citizensvoice.com