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Under the program, eligible public servants, including social workers and teachers, are able to have their debt cancelled after 10 years of service and 120 loan payments made on-time. [13] Student loan borrowers eligible for PSLF relief have filed suit against MOHELA, accusing the servicer of delaying the cancellation of their debt and forcing ...
You can get a refund without applying if your payments brought your loan balance below the maximum debt relief amount: $10,000 for all borrowers, and $20,000 for Pell Grant recipients. Borrowers ...
The Department of Education announced Monday that it is withholding millions of dollars in payment to the student loan servicer Missouri Higher Education Loan Authority (MOHELA) over billing ...
The Department of Education is penalizing one of its student loan servicers for failing to send billing statements on time to 2.5 million borrowers. Student loan servicer MOHELA penalized for ...
If you have defaulted federal student loans, you can make payment arrangements by visiting myeddebt.ed.gov, contacting your loan holder or calling the Default Resolution Group at 1-800-621-3115.
As a result of ongoing litigation, 8 million federal student loan borrowers enrolled in the Saving On A Valuable Education (SAVE) plan will not have to make their monthly payments until further ...
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