A tiny-understood legal provision forces the federal government so you’re able to prize deals so you can being qualified nonprofit student loan servicers, placing her or him in charge of handling scores of money. The latest shuffle possess up until now brought about problems for specific borrowers.

Series: School Debt

The new Institution away from Knowledge has been going high batches out-of federal figuratively speaking so you’re able to the brand new mortgage-upkeep enterprises – leaving in the lurch some individuals that are suddenly encountering issues and their loans, eg payments that are mysteriously adjusted up or off. (more…)