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A Missouri judge blocked student-loan forgiveness under the SAVE plan and will soon hear oral arguments on the case. Servicer Mohela plays a key role.
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 ...
Many borrowers are reporting their college debts have been forgiven and are breathing a sigh of relief. From Yvette Walker:
The stop and go nature of the student loan forgiveness plan has left borrowers in a frustrating cycle of uncertainty. Now, they face a double setback. Not only has the relief plan been halted, but ...
Select private student loan borrowers may be eligible for student loan forgiveness through former servicer Navient. Plus, more sweeping student loan cancellation was announced for federal ...
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]
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