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  2. Student loan servicer MOHELA penalized for sending late bills

    www.aol.com/student-loan-servicer-mohela...

    As of August, MOHELA serviced nearly 7.8 million student loan borrowers – about 5.3 million new accounts compared with 2020, according to a letter the company wrote to some Democratic lawmakers ...

  3. ‘Shockingly bad’: U.S. Senate Democrats beat up on Missouri ...

    www.aol.com/shockingly-bad-u-senate-democrats...

    When student loan payments resumed following a temporary hiatus during the COVID-19 pandemic, MOHELA was late in sending letters to 2.5 million people, according to Persis Yu, the deputy executive ...

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

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

    MOHELA has been in the student loan business for more than 40 years. Missouri state legislators created it in 1981 to provide low-cost loans for students and a source of revenue for the state.

  5. Higher Education Loan Authority of the State of Missouri

    en.wikipedia.org/wiki/Higher_Education_Loan...

    The Higher Education Loan Authority of the State of Missouri, also known as the Missouri Higher Education Loan Authority or MOHELA is one of the largest holders and servicers of student loans in the United States. Its headquarters are in St. Louis, Missouri . Created in 1981 as a quasi-governmental entity, MOHELA participated in the Federal ...

  6. Public Service Loan Forgiveness - Wikipedia

    en.wikipedia.org/wiki/Public_Service_Loan...

    The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service. [1]

  7. MOHELA can’t escape the student loan spotlight - AOL

    www.aol.com/news/mohela-t-escape-student-loan...

    April 10, 2024 at 10:51 AM. The spotlight has shined brightly on student loan servicer Missouri Higher Education Loan Authority (MOHELA) amid fights for student debt relief and complaints about ...

  8. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [1]

  9. Warren hammers student loan servicer MOHELA at hearing ... - AOL

    www.aol.com/news/warren-hammers-student-loan...

    April 11, 2024 at 12:34 PM. The Missouri Higher Education Loan Authority (MOHELA) took a drubbing at a Senate hearing Wednesday after a report from Democrats accused the student loan servicer of ...

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