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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 Higher ...
President Joe Biden announced the much-anticipated administration's plan for student loan forgiveness on Aug. 24. and the online application will soon be available. ... Student Loan Relief Scams: ...
The Federal Trade Commission said it is sending thousands of checks totaling more than $822,000 to borrowers who lost money in a student loan debt-relief scam that operated under the name Student...
Student Loans 2023: 3 Scams Borrowers Need To Be Aware Of. Student borrowers in America owe their lenders a combined $1.76 trillion, according to the Education Data Initiative. With that much ...
Here are a few ways to spot a scam: - Being asked for log-in information: the FSA and loan providers will never ask you for these details. - Promises that are too good to be true: according to the ...
Frere charged up to $800 in illegal upfront fees, required $100 to $1,200 in advance fees for enrollment in a "financial education" program, and monthly payments of up to $99 that were supposedly ...
With the resumption of student loan payments set for next month, robocalls scams are surging. An estimated 350,000 such calls were placed so far this month, CBS News reported. See: An Ancient Rule...
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]