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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 ...
In other student loan forgiveness news, the U.S. 8th Circuit Court of Appeals issued an order on July 19 blocking the entire SAVE plan. ... MOHELA, one of six federal student loan servicers, is ...
The Education Department says Mohela has failed to process borrower applications for key repayment plans. The department isn't assigning new accounts to the student-loan company until it corrects ...
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 ...
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]
“After 10+ years of teaching public speaking …, I have met all of the requirements to be eligible for Public Student Loan Forgiveness. I made my first payment in 2011 and have been on time ...
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