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  2. Higher education in the United States - Wikipedia

    en.wikipedia.org/wiki/Higher_education_in_the...

    In 2012, total student loans exceeded consumer credit card debt for the first time in history. In late 2016, the total estimated US student loan debt exceeded $1.4 trillion. Student loans can be divided into two categories: federal student loans and private student loans. Federal student loans may be: subsidized Stafford Loans

  3. Student loan - Wikipedia

    en.wikipedia.org/wiki/Student_loan

    Federal student loan interest rates are established by Congress and listed in § 20 U.S.C. § 1087E(b). Because the interest rates are established by Congress, interest rates are a political decision. In 2010, the federal student loan program ran a multibillion-dollar "negative subsidy", or profit, for the federal government.

  4. Great Lakes Higher Education Corporation - Wikipedia

    en.wikipedia.org/wiki/Great_Lakes_Higher...

    Great Lakes Higher Education Corporation was one of the largest student loan providers and guarantors in the United States. [1] Headquartered in Madison, Wisconsin, the corporation is non-profit. It was one of the four largest companies which service United States federal student loans: Great Lakes, Nelnet, Navient, and the Pennsylvania Higher ...

  5. Student Loan Forgiveness: Didn’t Get an Email? Here ... - AOL

    www.aol.com/finance/student-loan-forgiveness...

    On July 14, the Biden administration announced it would automatically cancel $39 billion of debt for 804,000 student loan borrowers in the coming weeks. This follows the June 30 Supreme Court 6-3...

  6. What to know about the loan servicer at the center of the ...

    www.aol.com/news/know-loan-servicer-center...

    The Supreme Court is expected to rule on President Biden’s student debt relief plan as soon as Thursday, and one loan servicer in particular has been thrown into the center of the debate. The ...

  7. Student loan servicers brace for trouble with restart of payments

    www.aol.com/news/student-loan-servicers-brace...

    Student loan servicers are in a tough bind, dealing with reduced staff as they prepare for the unprecedented situation of 44 million borrowers returning to payments later this summer. Student loan ...

  8. Pennsylvania Higher Education Assistance Agency - Wikipedia

    en.wikipedia.org/wiki/Pennsylvania_Higher...

    It was created in 1963 by an Act of the Pennsylvania General Assembly, and engages in loan guaranty, loan servicing, financial aid processing, outreach and other student aid programs. It was announced on July 8, 2021 that the agency and the United States Department of Education would not continue their relationship, effective on December 14, 2021.

  9. Government punishes MOHELA for mishandling resumption of ...

    www.aol.com/news/government-punishes-mohela...

    About 2.5 million borrowers did not get a timely statement from the loan servicer ahead of the resumption of federal student loan payments this month. Government punishes MOHELA for mishandling ...

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