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A Mohela spokesperson told BI that the servicer "is surprised by FSA's sudden change in direction and communication" after the Education Department recently gave it new borrower accounts.
A Missouri court will hear oral arguments for Biden's SAVE student-loan repayment plan on October 24. The SAVE plan has been blocked for months following challenges from GOP state attorneys general.
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 ...
By August 2022, MOHELA was responsible for overseeing some 6.7 million student borrower accounts on the DOE's behalf, along with around 330,000 private loan borrowers. [1] This increased to over 7.5 million borrowers by August 2023. [7] As of December 2022, MOHELA has a 1.01 star rating from the Better Business Bureau. [8]
He serves as a deacon at the Trinity Church and works at the Missouri Higher Education Loan Authority (MOHELA). [ 2 ] In the 2022 Missouri House of Representatives election , Oehlerking was elected in District 100.
Blunt proposed selling Missouri's student loan agency, known as MOHELA, and using the proceeds to pay for endowments and new construction for the state's public universities. [32] In the area of elementary and secondary education, Blunt has proposed that school districts be required to spend at least 65% of their budgets on student instruction.
MOHELA, one of six federal student loan servicers, is facing a lawsuit over claims of mismanaging federal loan accounts. On July 22, the American Federation of Teachers (AFT) ...
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