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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. Student loans: New loan servicers may complicate payment ...

   www.aol.com/finance/student-loans-loan-servicers...

   The current loan service providers for the Federal Student Aid (FSA) program are: Great Lakes Educational Loan Services, Edfinancial, MOHELA, Aidvantage, Nelnet, OSLA Servicing, ECSI, and the ...

5. Many student loan borrowers are in for a big, bad surprise in ...

   www.aol.com/finance/many-student-loan-borrowers...

   There are approximately 5.6 million former students currently in default, meaning their loans are at least 270 days behind on payment, who could be immediately affected when collections crank back ...

6. Emergency relief screw-up hits 5 million student loan borrowers

   www.aol.com/news/emergency-relief-screw-hits-5...

   Great Lakes, because of a “coding error,” erroneously reported to the credit bureaus that borrowers’ accounts were “deferred.” Emergency relief screw-up hits 5 million student loan borrowers

7. 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. [41] According to Sallie Mae, as of 2021, 1 in 8 families are using private student loans when federal financing does not cover all ...