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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 ...
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 ...
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."
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]
Student loan interest starts cranking up again Sept. 1. Payments start again in October. Borrowers, are you ready? No matter your political beliefs, I bet a lot of you were on the edge of your ...
Seven GOP-led states filed the first lawsuit against Biden's broader student-loan forgiveness plan. ... the Education Department sent a memo to the servicer MOHELA saying, "In September of 2024 ...
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