You will then have
a single federal loan servicer for all of your federally held loans.
Not exact matches
Direct Consolidation
Loans: Allow you to combine all of your eligible federal student loans into a single loan through one loan serv
Loans: Allow you to combine all of your eligible
federal student
loans into a single loan through one loan serv
loans into a
single loan through one
loan servicer.
If a
single servicer were to receive all new
federal student
loan contracts moving forward, then that means that there's no incentive for them to provide decent customer service to borrowers (because you have nowhere to turn, unless you want to refinance your
federal student
loans in the private
loan marketplace).
Instead of the nine
servicers that currently receive student
loans, the decision would give all
federal student
loans to a
single servicer, in effect creating a $ 1 trillion monopoly over the
federal student
loan industry.
to Education Secretary DeVos expressing concern about the Department of Education's (ED) new plans for assessing the quality of
federal student
loan servicers and criticizing ED's decision to move to a
single student
loan servicer.
From the recent actions to remove critical information from consumer notices to wanting to get a
single loan servicer to handle all
federal loans, the current incarnation of ED seems to be moving in a direction that provides less support and help for debtors.
Lawmakers sent a letter to Education Secretary DeVos expressing concern about the Department of Education's (ED) new plans for assessing the quality of
federal student
loan servicers and criticizing ED's decision to move to a
single student
loan servicer.
Education Finance Council (EFC), the national trade association representing nonprofit and state - based higher education finance organizations, including all the not - for - profit (NFP)
Federal Direct
Loan servicers, has raised concerns that ED's plan would create a monopolistic environment with little to no incentive to ensure the single servicer provides the highest quality of customer service to student loan borrow
Loan servicers, has raised concerns that ED's plan would create a monopolistic environment with little to no incentive to ensure the
single servicer provides the highest quality of customer service to student
loan borrow
loan borrowers.
If you currently have
federal student
loans that are with different
loan servicers, consolidation can greatly simplify
loan repayment by giving you a
single loan with just one monthly bill.
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 servi
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 s
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 servi
loan servicing by prohibiting the Department of Education from awarding all
federal student
loans to a
single federal student
loan servi
loan servicerservicer.
The Missouri Higher Education
Loan Authority (MOHELA), one of nine student loan companies that manages the federal government's trillion dollar student loan portfolio, has filed a protest against the Department of Education's plan to choose a single servicer company for handling federal student lo
Loan Authority (MOHELA), one of nine student
loan companies that manages the federal government's trillion dollar student loan portfolio, has filed a protest against the Department of Education's plan to choose a single servicer company for handling federal student lo
loan companies that manages the
federal government's trillion dollar student
loan portfolio, has filed a protest against the Department of Education's plan to choose a single servicer company for handling federal student lo
loan portfolio, has filed a protest against the Department of Education's plan to choose a
single servicer company for handling
federal student
loans.
To consolidate student
loans, your goal is to organize and manage your
federal student
loans more seamlessly, with a
single loan payment,
single interest rate and
single student
loan servicer.