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Pages in category "United States federal student loan servicers" The following 5 pages are in this category, out of 5 total. This list may not reflect recent changes .
As of July 2023, the four companies which service the majority of student loans are Aidvantage, EdFinancial Services, MOHELA (Higher Education Loan Authority of the State of Missouri) and Nelnet. [40] ECSI (Educational Computer Systems, Inc.) is the exclusive servicer for the remaining Perkins Loans.
The company now offers private education loans and manages more than $12.97 billion in assets. On April 30, 2014, Sallie Mae spun off its loan servicing operation and most of its loan portfolio into a separate, publicly traded entity called Navient Corporation. Navient is the largest servicer of federal student loans and acts as a collector on ...
Illinois private and federal student loan borrowers owe an average balance of $36,531 — sixth-highest in the nation and just below the national average of $36,689.
Under the overhaul, five companies will take over student loan servicing. Four already hold contracts with the Education Department servicing student loans, while the fifth, Central Research, Inc ...
FedLoan Servicing, one of the nation’s largest federal student loan servicers, ended its contract with the Department of Education in 2021. As a result, millions of student loan borrowers were ...
The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service.
Modern employers recognize that they need to offer valuable benefits to attract and retain new employees — which is why many of them now provide assistance to help their team members pay off ...
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