Student Loan Servicer Layoffs
Nelnet Announces Plans to Lay Off Over 500 Workers For the second time in the past year, one of the largest student loan servicers in the country is reducing staff. Last week, Nelnet announced layoffs of approximately 550 associates due to a...
Are Federal Loan Servicers Prepared for Repayment Resumption?
by Balaji “Raj” Rajan Does FSA need Federal Loan Servicers? The answer is a resounding YES! Federal loan servicers and Federal Student Aid (FSA) have a codependent relationship, but tracking their performance and connection has always been murky. After 12...
SECURE 2.0 Employer Contributions Help Student Loan Borrowers Save for Retirement
Student Loan Debt Will Continue to be High Even if Forgiveness Happens The national student loan debt balance is at $1.75 trillion. Even if $400 billion is forgiven, student debt will continue to be one of the largest forms of household debt. The Biden...
ION Launches Presto to Help Borrowers Ahead of Repayment Resumption
Presto Allows IonTuition Users to Apply Directly for Income-Driven Repayment Plans IonTuition (ION), the revolutionary education technology company offering concierge-level support services and online student loan repayment tools for colleges, has officially launched...