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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.
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) ...
In June 2020, the DOE announced that MOHELA was one of five servicers that would help oversee the federal student loan portfolio in order to bring “enhanced customer support”. [3] [4] In 2021, it was reported that some FedLoan (Pennsylvania Higher Education Assistance Agency) student servicing loans were transferred to MOHELA. [5]
Teach For India (TFI) is a non-profit founded by Shaheen Mistri in 2009. It is a part of the Teach For All network. [1] Teach For India runs a two-year Fellowship and supports an Alumni movement. The Fellowship recruits college graduates and working professionals to serve as full-time teachers in low-income schools for two years. [2]
FedLoan Servicing stopped handling federal student loan accounts on December 14, 2021. After the decision, FedLoan accounts were transferred to MOHELA, Edfinancial, Aidvantage and Nelnet.
In 2018, the group joined the American Federation of Teachers to launch an investigation into the failure of the Public Service Loan Forgiveness program. [15] Over the course of three years, Student Borrower Protection Center supported litigation by teachers and uncovered evidence of government mismanagement and industry abuses across the student loan system, including evidence that Public ...
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 ...
Shaheen Mistri (born 16 March 1971) is an Indian social activist and educator known as the founder of Akanksha Foundation, and social activist, an Indian non-profit educational initiative in Mumbai and Pune, Occupation in CEO of Teach for India since 2008. [1] [2] Books Redrawing India, The Teach for India story, Miss Muglie Goes to Mumbai.