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  2. Student loans: New loan servicers may complicate payment ...

    www.aol.com/finance/student-loans-loan-servicers...

    If you have commercially held FFEL, Perkins, and HEAL loans, you must consolidate to Direct Consolidation Loan to take advantage of the new Saving on a Valuable Education plan — a new income ...

  3. Conduent overview: What student loan borrowers need to know - AOL

    www.aol.com/finance/conduent-overview-student...

    The Department of Education dropped ACS’ loan servicing contract in 2013, though ACS continued to service some Federal Family Education Loans (FFEL), Perkins Loans and private student loans. ACS ...

  4. What to know if CornerStone was your student loan servicer - AOL

    www.aol.com/finance/know-cornerstone-student...

    The new company must honor the original terms of your student loans. That means your payments and balance won’t change at all and you will still have access to the same federal protections you ...

  5. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]

  6. Private student loan (United States) - Wikipedia

    en.wikipedia.org/wiki/Private_student_loan...

    A private student loan is a financing option for higher education in the United States that can supplement, but should not replace, federal loans, such as Stafford loans, Perkins loans and PLUS loans. Private loans, which are heavily advertised, do not have the forbearance and deferral options available with federal loans (which are never ...

  7. Great Lakes Higher Education Corporation - Wikipedia

    en.wikipedia.org/wiki/Great_Lakes_Higher...

    Great Lakes Higher Education Corporation was one of the largest student loan providers and guarantors in the United States. [1] Headquartered in Madison, Wisconsin , the corporation is non-profit . It was one of the four largest companies which service United States federal student loans: Great Lakes , Nelnet , Navient , and the Pennsylvania ...

  8. Federal Family Education Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Family_Education...

    In 2007-08, FFEL served 6.5 million students and parents, lending a total of $54.7 billion in new loans (or 80% of all new federal student loans). Since 1965, 60 million Americans have used FFEL loans to pay for education expenses.

  9. Student Loan Debt: Throngs of Americans Have Started ... - AOL

    www.aol.com/finance/student-loan-debt-throngs...

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