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  2. Millions of student-loan borrowers' payments are being ... - AOL

    www.aol.com/millions-student-loan-borrowers...

    Additionally, a group of student-loan borrowers in California filed a lawsuit on September 5 that accused MOHELA of failing to deliver debt discharges to borrowers who have faced school misconduct ...

  3. Government punishes MOHELA for mishandling resumption of ...

    www.aol.com/government-punishes-mohela...

    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 ...

  4. Student loan servicer MOHELA penalized for sending late bills

    www.aol.com/student-loan-servicer-mohela...

    The Department of Education is penalizing one of its student loan servicers for failing to send billing statements on time to 2.5 million borrowers.

  5. Higher Education Loan Authority of the State of Missouri

    en.wikipedia.org/wiki/Higher_Education_Loan...

    Website. www.mohela.com. The Higher Education Loan Authority of the State of Missouri, also known as the Missouri Higher Education Loan Authority or MOHELA is one of the largest holders and servicers of student loans in the United States. Its headquarters are in St. Louis, Missouri. Created in 1981 as a quasi-governmental entity, MOHELA ...

  6. 25 million borrowers to be notified of potential student loan ...

    www.aol.com/finance/25-million-borrowers...

    MOHELA, one of six federal student loan servicers, is facing a lawsuit over claims of mismanaging federal loan accounts. ... the Education Department withheld a $7.2 million payment from MOHELA as ...

  7. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    As of 2021, approximately 7.8 million Americans from 18 to 25 carry student loan debt, with an average balance of almost $15,000. [64] For adults between the ages of 35 and 49, the average individual balance owed exceeded $42,000. The average debt for adults between 50 and 61 is slightly lower.

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