News release AG Healey Protects Very first-of-its-Kind Recovery inside the Settlement That have Biggest Student loan Servicer
News release AG Healey Protects Very first-of-its-Kind Recovery inside the Settlement That have Biggest Student loan Servicer
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BOSTON - Following case up against one of the largest federal education loan servicers in the united kingdom to own unjust and you will misleading methods, including undermining brand new government Public service Loan Forgiveness (PSLF) program, Attorneys Standard Maura Healey launched money that secures customized account analysis and you will relevant relief to own tens of thousands of Massachusetts education loan individuals, together with social servants and coaches.
This new settlement hit towards the Pennsylvania Degree Recommendations Service (PHEAA), d/b/an effective FedLoan Upkeep, resolves accusations one PHEAA made errors and provided misinformation to help you consumers throughout the PSLF eligibility requirements, causing borrowers to lose days regarding being qualified repayments for the financing forgiveness. [...]