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A MOHELA spokesperson previously told Business Insider that "providing support to student loan borrowers is the utmost priority to MOHELA, and any claims to the contrary are false."
For example, Federal Student Aid announced in April that over 1 million student-loan borrowers were being transferred from Mohela to new servicers upon Mohela request to allow borrowers to receive ...
To say the staggering student loan debt is a crisis is an understatement. It impacts almost 43 million people, according to the Department of Education, and scammers are taking advantage of the ...
More than 27,000 are set to receive checks from the federal government in the wake of a 2019 Federal Trade Commission lawsuit.
MOHELA was accused of being involved in six state attorneys' general lawsuit against the loan forgiveness program, which MOHELA executives denied. [1] The Supreme Court ultimately decided that it could sue on behalf of MOHELA in Biden v. Nebraska, citing Arkansas v. Texas (1953) and Lebron v. National Railroad Passenger Corp. (1995) [19]
If the plan is approved and implemented, 25 million federal student loan borrowers may receive student loan forgiveness. In other student loan forgiveness news, the U.S. 8th Circuit Court of ...
Due to the uptick in student loan forgiveness scams, the FTC has sent more than $4.1 million in refunds to borrowers who lost money to scammers. Luckily, the U.S. Department of Education has ...
"Hey, it's Elizabeth with Student Advisors," a warm, professional voice began in a voicemail left on Sept. 13, weeks after the Biden administration announced it would be offering up to $20,000 in ...