Sentences with phrase «federal student loan servicing»

Before, there were only four major players in federal student loan servicing.

The Next Gen federal student loan servicing system will bring changes to how federal student loan borrowers make payments.

Student loan company protests DeVos's decision — Washington Post $ 1 Trillion Monopoly: Betsy DeVos will let one company handle all federal student loans — Vice Betsy DeVos hits hard reset on student loan servicing contracts — Washington Post U.S. Secretary of Education Betsy DeVos Releases Amended Federal Student Loan Servicing Solicitation — Ed.gov

S. 1675 — Student Loan Servicer Performance Accountability Act [Sen. Roy Blunt (R - MO)-RSB- would promote competition in federal student loan servicing by prohibiting the Department of Education from awarding all federal student loans to a single federal student loan servicer.

The Next Gen federal student loan servicing system will bring changes to how federal student loan...

Part of this year - to - year increase can be attributed to the CFPB updating its student loan complaint form to accept complaints about federal student loan servicing, starting in late February 2016.

The Department of Education's Office of Federal Student Aid (FSA) is working on making some big changes to the current federal student loan servicing system.

ALERT: In April 2016, the Department of Education announced a new competition for federal student loan servicing.

In addition to handling federal student loan servicing, Navient also services a large portfolio of private student loans.

Though Navient's results for the fourth quarter can not be considered strong, Zacks thinks Navient will continue to dominate in the student loan servicing market, partly due to continued acquisitions of federal student loan servicing contracts as well as p rivate student loans from its sister company, Sallie Mae.

Last Friday, ED moved closer to overhauling federal student loan servicing by amending its student loan servicing solicitation.

MOHELA has filed a protest against Betsy DeVos» decision to consolidate federal student loan servicing.

ED's position is that federal law preempts states from regulating federal student loan servicing and collection activities.

NCLC's Student Loan Borrower Assistance Project created principles to improve federal student loan servicing, which include the following actions:

NCLC Response to Department of Education Request for Information about Federal Student Loan Servicing, Jan. 30, 2015

One of the most touted benefits of working with OSLA for federal student loan servicing is its highly praised customer service.

After the revision was announced, the Department of Education had reportedly already trimmed the list of potential student loan companies to handle federal student loan servicing down to three companies: Navient, the Pennsylvania Higher Education Assistance Agency, and a joint venture of Nelnet and Great Lakes.

I've written recently about changes in the proposed single source provider of federal student loan servicing and the removal of key information to debtors which would help people make more informed decisions about how to handle their...

«The federal student loan servicing solicitation we inherited was cumbersome and confusing — with shifting deadlines, changing requirements and de-facto regulations that at times contradicted themselves,» DeVos said in a press release.

The Next Gen federal student loan servicing system will bring changes to how federal student loan borrowers make payments.The Department of Education's Office of Federal Student Aid (FSA) is working on making some big changes to the current federal student loan servicing system.

of case law as it pertains to federal student loan servicing.

On Friday, ED published its interpretation of case law as it pertains to federal student loan servicing.

The Bureau also handled about 12,900 federal student loan servicing complaints.

All federal student loan servicing and debt collection systems and related web sites should also be working.

But federal student loan servicing would make the company only so much money.

In a statement announcing the revisions, DeVos had the following to say: «The federal student loan servicing solicitation we inherited was cumbersome and confusing — with shifting deadlines, changing requirements and de-facto regulations that at times contradicted themselves.

In a press release Friday (May 19), Education Secretary DeVos said the federal student loan servicing solicitation under Obama's White House was «cumbersome and confusing — with shifting deadlines, changing requirements and de-facto regulations that at times contradicted themselves.

In addition to multiple infractions by private companies and state government entities, the federal student loan servicing system received its own criticism after a large volume of complaints about federally - employed servicer companies were discovered.

The United States Government's Department of Education implemented a new feedback system for its 40 million borrowers to relay their complaints about the federal student loan servicing system.

For over 40 years, students attend ing college in Okl ahoma have probably had their federal student loans serviced by the Oklahoma Student Loan Authority.

CornerStone is another federal student loan servicing company, located in Salt Lake City.