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Cultura RF/Getty Images Student loan debt has become a huge burden on recent college graduates, with figures from credit-reporting agency TransUnion showing that the average student loan balance ...
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It administers the grant program for the Commonwealth of Pennsylvania, and serves as a coordinating body for other grant programs administered by other state agencies. It also served as one of several student loan guarantors in the United States for the Federal Family Education Loan Program (FFELP), under the Higher Education Act of 1965. It ...
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Key takeaways. CornerStone was previously one of eight approved federal student loan servicing agencies that provided loans nationwide. Although Cornerstone was contracted to service loans through ...
Since 1994, ECMC has operated in the areas of student loan bankruptcy management and loan collection. ECMC is one of a number of guaranty agencies that oversee student loans for the United States Department of Education. As a guarantor working on behalf of the U.S. Department of Education, ECMC charges fees to debtors and earns commissions from ...
The resumption of student loans -- after a three-year hiatus and following the Supreme Court's striking down of President Joe Biden's forgiveness program in June -- started in October for millions ...
Key takeaways. Conduent Education Services was a student loan servicer that closed in 2019, dispersing its student loans to other providers. The Consumer Financial Protection Bureau and the state ...