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NMCI is a US Department of the Navy program that provides IT services for the Navy and Marine Corps. It consolidated over 6,000 networks, 8,000 applications, and 15,003 logistics systems into a single integrated and secure network.
The CFPB reached a settlement with student-loan company Navient, resolving claims in a 2017 lawsuit. The lawsuit accused Navient of mishandling borrowers' payments and misleading them about ...
Learn about the history, types, and impacts of student loans in the US, a form of financial aid for higher education. Find out how student loan debt has grown to $1.73 trillion and how it affects different groups of borrowers.
In a few weeks, federal student loan borrowers will start doing something they haven’t done in about three-and-a-half years: pay back their loans.The payment pause that went into effect in March ...
Now that the more than three-year COVID-19 student loan payment pause has come to an end, 28 million borrowers have entered repayment since Oct. 1, 2023. With this massive transition from a full...
Learn about the history, types, and current status of the federal loan program that provides low-interest loans for students and parents in the U.S. The program, named after William D. Ford, replaced the earlier FFEL program in 2010 and has a large outstanding loan portfolio of about $1.5 trillion.
On Friday, the Department of Education announced that it will begin discharging student loan debts for borrowers who’ve been in repayment for 20-25 years under a one-time payment adjustment ...
On August 8, 2020, the Trump administration issued a memorandum instructing the Secretary of Education to pause on student loan payments and interest through December 31, 2020 using the authority granted by the HEROES Act. [9]
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