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In October 2017, Great Lakes Higher Education Corporation reached an agreement to sell off 100% of the stock of its subsidiary, the Great Lakes Educational Loan Services, Inc. to Nelnet. [8] The company was to be sold for $150 million, initially keeping CEO Jeff Crosby in charge, but with a plan of consolidating the companies together. [9]
On February 7, 2018, Nelnet completed its acquisition of Great Lakes Educational Loan Services, Inc. [9] The combined company is the largest servicer of student loans in the United States, with $397 billion in loans, or around 42% of all student loans in the United States. [10]
International students may qualify for a private student loan if an eligible citizen or resident co-signs the loan. Age: You must reach the age of legal adulthood — 18 in most states — before ...
Note that the government is allowing an interest-free pause for repayment on most federal student loans through the end of September 2020 to help ease the impact of the coronavirus pandemic.
Discover student loans not only feature competitive interest rates and no fees, but they also offer something no other student loan company does: a one-time cash reward worth 1% of your loan ...
NEPC is funded by both national teachers unions, the National Education Association and American Federation of Teachers, as well as the Ford Foundation, the Great Lakes Center for Education Research and Practice, the Atlantic Philanthropies, The Nellie Mae Education Foundation, The Stuart Foundation, the National Public Education Support Fund ...
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