Like most borrowers who attempt to enter into student loan forgiveness programs with servicers, Mary Carroll assumed that the government contracted collection agency in charge of her student loan repayment was ethical, honest and had her best interests in mind. Several years elapsed before she discovered that she was being…
California has joined several other states in filing suit against major student loan forgiveness servicer Navient, regarding their alleged abusive collection practices. A common misconception is that Navient itself offers loan forgiveness. However, this is not the case. Navient is simply just a loan servicer, contracted by the federal government….
As the first batch of public service student loan forgiveness borrowers became eligible for forgiveness on October 1, 2017, many discovered the unfortunate reality that their loans and their repayment programs didn’t qualify for forgiveness, and they would have to start all over. This came as a shock to most,…
The IRS has recently published a policy letter, which allows employers to match student loan debt payments (made by the employer on the employee’s behalf). There’s certain minimum and maximum limits that need to be met, but overall this new policy letter looks to be very promising. Here’s how everything…
Recently there has been an increase in the number of companies offering student loan debt forgiveness benefits. A lot of people have some level of student loan debt left over from college. Many businesses have recognized that student loans play a role in a job candidate’s decision-making process. The economy…
