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FedLoan Servicing stopped handling federal student loan accounts on December 14, 2021. After the decision, FedLoan accounts were transferred to MOHELA, Edfinancial, Aidvantage and Nelnet ...
CornerStone Education Loan Services ended its contract with the Department of Education in 2020 due to financial loss. Learn what happened to your loans, how to find your new servicer and what to ...
The current loan service providers for the Federal Student Aid (FSA) program are: Great Lakes Educational Loan Services, Edfinancial, MOHELA, Aidvantage, Nelnet, OSLA Servicing, ECSI, and the ...
Maximus Inc. provides administration and other services for Medicaid, Medicare, health care reform, welfare-to-work, and student loan servicing among other government programs. Founded in 1975, the company operates in several countries and has a reported annual revenue of $4.9 billion in fiscal year 2023.
Navient Corporation is a public company that manages nearly $300 billion in student loans for more than 12 million debtors. It was formed in 2014 by the split of Sallie Mae and has faced lawsuits, investigations, and controversies over its practices and policies.
Learn about the history, types, and impacts of student loans in the US, a form of financial aid for higher education. Find out how student loan debt has grown to $1.73 trillion and how it affects different groups of borrowers.
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