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2. A major student-loan company is being punished for ... - AOL

   www.aol.com/major-student-loan-company-being...

   The Education Department notified the student-loan company Mohela on Tuesday that it would be facing penalties for failing to perform the servicing obligations required in its contract.

3. Student loan servicer MOHELA penalized for sending late bills

   www.aol.com/student-loan-servicer-mohela...

   As of August, MOHELA serviced nearly 7.8 million student loan borrowers – about 5.3 million new accounts compared with 2020, according to a letter the company wrote to some Democratic lawmakers ...

4. FedLoan is no longer handling federal student loans: Here’s ...

   www.aol.com/finance/fedloan-no-longer-handling...

   If you’re pursuing Public Service Loan Forgiveness, you probably work with FedLoan. ... they can contact the Federal Student Aid Information Center at 800-433-3243 or check their credit reports ...

5. Higher Education Loan Authority of the State of Missouri

   en.wikipedia.org/wiki/Higher_Education_Loan...

   Website. www.mohela.com. The Higher Education Loan Authority of the State of Missouri, also known as the Missouri Higher Education Loan Authority or MOHELA is one of the largest holders and servicers of student loans in the United States. Its headquarters are in St. Louis, Missouri. Created in 1981 as a quasi-governmental entity, MOHELA ...

6. Student loans in the United States - Wikipedia

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

   As of 2021, approximately 7.8 million Americans from 18 to 25 carry student loan debt, with an average balance of almost $15,000. [64] For adults between the ages of 35 and 49, the average individual balance owed exceeded $42,000. The average debt for adults between 50 and 61 is slightly lower.

7. Teachers union sues MOHELA in federal court, says it ... - AOL

   www.aol.com/teachers-union-sues-mohela-federal...

   MOHELA, a quasi-governmental organization in Missouri that holds a federal contract to service student loans, has been under fire for months. Teachers union sues MOHELA in federal court, says it ...

8. Federal student loan consolidation - Wikipedia

   en.wikipedia.org/wiki/Federal_student_loan...

   The fixed interest rate is calculated as the weighted average of the interest rates of the loans being consolidated, assigning relative weights according to the amounts borrowed, rounded up to the nearest 0.125%, and capped at 8.25%. Some features of the original consolidated loans, such as postgraduation grace periods and special forgiveness ...

9. Government punishes MOHELA for mishandling resumption of ...

   www.aol.com/government-punishes-mohela...

   The Department of Education's announcement comes a week after a department spokesperson said 305,000 federal student loan borrowers received an incorrect bill for October 2023 from MOHELA.