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Student loan servicer to pay Massachusetts nearly $2 million in settlement

A major student loan servicer has agreed to pay Massachusetts $1.8 million in a settlement over allegations that the company failed to communicate information to borrowers about renewing their income-driven repayment (IDR) plans, according to the state attorney general. Nelnet is one of the largest student loan servicers that receives funding from the federal government… ....

United States , Andrea Campbell , Education Department , United States Department Of Education , Attorney General Andrea Campbell , United States Department , Student Loan , Prepayment Plans ,

Pulling back 4.2% this week, Nelnet's NYSE:NNI) five-year decline in earnings may be coming into investors focus

If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to. ....

Revenue Growth , Share Price ,

Education Department: 758K more student borrowers hit with billing errors

As it did with that first batch of borrowers, the agency said on Friday it would suspend interest on the accounts of affected borrowers and not require them to make payments until the issues are resolved. ....

Scott Buchanan , Rohit Chopra , Miguel Cardona , Education Department , Student Loan Servicing Alliance , Consumer Financial Protection Bureau , Secretary Miguel Cardona , Student Loan , Loan Servicing Companies , Loan Servicers , Billing Statement ,