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  2. Great Lakes Higher Education Corporation - Wikipedia

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

    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]

  3. Nelnet - Wikipedia

    en.wikipedia.org/wiki/Nelnet

    On February 7, 2018, Nelnet completed its acquisition of Great Lakes Educational Loan Services, Inc. [8] 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. [9]

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

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

    Key takeaways. CornerStone was previously one of eight approved federal student loan servicing agencies that provided loans nationwide. Although Cornerstone was contracted to service loans through ...

  5. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    In 2021, student loan servicers began dropping out of the federal student loan business, including FedLoan Servicing on July 8, Granite State Management and Resources on July 20, and Navient on September 28. [40] According to Sallie Mae, as of 2021, 1 in 8 families are using private student loans when federal financing does not cover all ...

  6. Common types of installment loans and their best uses - AOL

    www.aol.com/finance/common-types-installment...

    Federal student loans are the go-to option for financing your secondary education after grants and scholarships. Private student loans should be used only if there are college costs your federal ...

  7. 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]

  8. Student loan guidelines for getting a mortgage - AOL

    www.aol.com/finance/student-loan-guidelines...

    The Freddie Mac guidelines for student loans are similar to Fannie Mae’s, save for one key difference: If your loans are in forbearance or deferred, or your payment is otherwise documented as $0 ...

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