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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 says Mohela has failed to process borrower applications for key repayment plans. The department isn't assigning new accounts to the student-loan company until it corrects ...

3. 8 million student-loan borrowers who remain blocked from ...

   www.aol.com/8-million-student-loan-borrowers...

   For example, Federal Student Aid announced in April that over 1 million student-loan borrowers were being transferred from Mohela to new servicers upon Mohela request to allow borrowers to receive ...

4. Millions of student-loan borrowers' payments are being ... - AOL

   www.aol.com/millions-student-loan-borrowers...

   Additionally, a group of student-loan borrowers in California filed a lawsuit on September 5 that accused MOHELA of failing to deliver debt discharges to borrowers who have faced school misconduct ...

5. Higher Education Loan Authority of the State of Missouri

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

   The Washington Post noted that student borrower complaints against MOHELA spiked from 2021 to 2022: The Consumer Financial Protection Bureau (CFPB) went from receiving seven official complaints regarding MOHELA in the last quarter of 2021, to receiving over 500 complaints in the last three months of 2022 over MOHELA's loan servicing practices. [13]

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

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

   In response, the department announced it is withholding a $7.2 million payment to student loan servicer MOHELA for not providing student loan bills on time. The Education Department said 2.5 ...

7. Economic policy of the Joe Biden administration - Wikipedia

   en.wikipedia.org/wiki/Economic_policy_of_the_Joe...

   In October 2023, the Department of Education announced that it would withhold $7.2 million in payment to the Missouri Higher Education Loan Authority (MOHELA) for failing to send billing statements on a timely basis to 2.5 million borrowers that caused 800,000 borrowers to fall into delinquency and the Department directed MOHELA to place all ...

8. 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]

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

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

   The American Federation of Teachers filed the lawsuit in U.S. District Court in Washington D.C. against the Missouri Higher Education Loan Authority, better known as MOHELA. The lawsuit claims the ...