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Student Loan Servicing

Shahien Nasiripour

Senate Democrats Slam Arne Duncan Over 'Business As Usual' Treatment Of Controversial Contractor

HuffingtonPost.com | Shahien Nasiripour | Posted 05.21.2015 | Politics

Last May, after the Justice Department accused one of his contractors of intentionally cheating active-duty troops on their federal student loans, Edu...

Shahien Nasiripour

Defrauded Student Loan Borrowers Face Potential Obama Administration 'Boondoggle'

HuffingtonPost.com | Shahien Nasiripour | Posted 05.20.2015 | Politics

Defrauded student loan borrowers seeking relief from the Obama administration are confronting an Education Department process that a senior House Demo...

Shahien Nasiripour

Consumer Agency Begins Probe Of Student Loan Servicers, Signaling Stronger Rules

HuffingtonPost.com | Shahien Nasiripour | Posted 05.14.2015 | Politics

The Consumer Financial Protection Bureau on Thursday launched a broad review of the often murky business of student loan servicing, questioning whethe...

Shahien Nasiripour

Student Loan Giant Likely To Be Cleared In Education Department Probe Of Troop-Cheating

HuffingtonPost.com | Shahien Nasiripour | Posted 05.13.2015 | Politics

One year after the U.S. Department of Justice accused student loan giant Navient Corp. of intentionally cheating active-duty troops on private and fed...

Shahien Nasiripour

Obama Administration Improperly Denies Student Loan Debt Relief

HuffingtonPost.com | Shahien Nasiripour | Posted 05.08.2015 | Politics

Federal law allows students who were defrauded by their colleges into taking out federal student loans to have their debts forgiven. The Obama adminis...

Shahien Nasiripour

Education Department Nears Deal With Student Loan Giant Over Cheating Troops

HuffingtonPost.com | Shahien Nasiripour | Posted 04.16.2015 | Politics

The U.S. Department of Education is nearing a deal with Navient Corp., the student loan giant formerly known as Sallie Mae, over allegations the compa...

Shahien Nasiripour

Obama Administration Exaggerates Enrollment In Key Student Loan Plan As Borrowers Suffer

HuffingtonPost.com | Shahien Nasiripour | Posted 04.07.2015 | Politics

The Education Department is publicly inflating the number of distressed borrowers taking advantage of its most generous student loan repayment program...

Shahien Nasiripour

New Federal Data Show Student Loan Borrowers Suffering More Than Previously Believed

HuffingtonPost.com | Shahien Nasiripour | Posted 03.27.2015 | Politics

About one-third of borrowers with federal student loans owned by the U.S. Department of Education are late on their payments, according to new federal...

Shahien Nasiripour

American Legion Criticizes Education Department Over Student Loan Investigation

HuffingtonPost.com | Shahien Nasiripour | Posted 03.20.2015 | Politics

The American Legion, the influential veterans organization, has criticized the U.S. Department of Education's handling of federal allegations that stu...

Shahien Nasiripour

Obama To Announce Student Loan Reforms As Education Department Stalls

HuffingtonPost.com | Shahien Nasiripour | Posted 03.10.2015 | Politics

President Barack Obama on Tuesday will announce sweeping borrower-friendly recommendations to fix the $1.1 trillion federal student loan system that, ...

Dear Senator Warren: I Need Your Help

Christopher Gurrie | Posted 03.10.2015 | Education
Christopher Gurrie

Dear Sen. Warren: I need your help and I honestly believe with my whole heart that you are the only person in our entire country who can help me -- and others like me. It has to do with my student loans; nothing to do with repayment, but everything to do with the red tape attached to getting customer service from servicers.

Shahien Nasiripour

AFL-CIO Targets Navient As Scrutiny Over Student Loan Servicing Mounts

HuffingtonPost.com | Shahien Nasiripour | Posted 12.12.2014 | Politics

The nation’s largest labor federation is taking aim at Navient Corp. for alleged mistreatment of borrowers, adding to the student loan specialist's ...

Shahien Nasiripour

Congressional Leaders Agree To Cut Aid To College Students To Pay Student Loan Contractors

HuffingtonPost.com | Shahien Nasiripour | Posted 12.10.2014 | Politics

House and Senate leaders have agreed to cut funding for the nation’s largest source of grants for college students to pay student loan contractors, ...

Shahien Nasiripour

Senate Democrat Wants To Take Money From College Students To Pay Loan Contractors

HuffingtonPost.com | Shahien Nasiripour | Posted 12.06.2014 | Politics

An outgoing Senate Democrat wants to take federal money from low-income college students to pay student loan contractors, whose tactics toward borrowe...

Shahien Nasiripour

Obama Administration Explores Ways To Collect Student Loan Payments Without Middlemen

HuffingtonPost.com | Shahien Nasiripour | Posted 11.13.2014 | Politics

The U.S. Treasury Department soon will take some student borrowers' accounts away from private debt collectors and give them to federal workers, an am...

Shahien Nasiripour

Treasury Department Endorses Student Loan Deals Slammed By Elizabeth Warren

HuffingtonPost.com | Shahien Nasiripour | Posted 11.06.2014 | Politics

TAMPA, Fla. -- The U.S. Treasury Department on Thursday praised a move, already panned by Sen. Elizabeth Warren (D-Mass.), to increase the amount of m...

Shahien Nasiripour

Consumer Regulator Vows Action As Student Loan Borrowers Suffer

HuffingtonPost.com | Shahien Nasiripour | Posted 10.16.2014 | Politics

In October 2012, the federal agency charged with protecting households from predatory financial companies issued a report lamenting the lack of opport...

Shahien Nasiripour

Colleges Win, Student Borrowers Lose In Obama Administration Absolution

HuffingtonPost.com | Shahien Nasiripour | Posted 09.25.2014 | Politics

The U.S. Department of Education is turning its back on at least 1,000 borrowers in favor of shielding their former colleges from potentially cripplin...

Shahien Nasiripour

Education Department Sends More Student Borrowers To Firm Just Penalized By DOJ

HuffingtonPost.com | Shahien Nasiripour | Posted 09.12.2014 | Politics

The Education Department has rewarded a former Sallie Mae unit with more taxpayer-provided business even after the loan servicer, now known as Navient...

Shahien Nasiripour

Seniors Forced Into Poverty As Education Department Demands Payment

HuffingtonPost.com | Shahien Nasiripour | Posted 09.24.2014 | Politics

The Education Department is demanding so much money from seniors with defaulted student loans that it's forcing tens of thousands of them into poverty...

Shahien Nasiripour

Education Department Admits It Will Pay Much Reviled Student Loan Firms More Money

HuffingtonPost.com | Shahien Nasiripour | Posted 09.11.2014 | Politics

The U.S. Department of Education will pay its oft-criticized student loan servicers more money under new contracts that the White House demanded in re...

Shahien Nasiripour

Obama Administration To Reward Student Loan Company Accused Of Cheating Troops

HuffingtonPost.com | Shahien Nasiripour | Posted 08.29.2014 | Politics

The Obama administration plans to reward Navient Corp, the student loan specialist formerly owned by Sallie Mae, with new business some three months a...

Shahien Nasiripour

These 9 Charts Show America's Coming Student Loan Apocalypse

HuffingtonPost.com | Shahien Nasiripour | Posted 08.20.2014 | Politics

Borrowers with federal student loans, long promoted as the safest way to borrow for college, appear to be buckling under the weight of their debt, new...

Shahien Nasiripour

Half Of Federal Student Loan Borrowers Not Paying On Time

HuffingtonPost.com | Shahien Nasiripour | Posted 08.11.2014 | Politics

Less than half of borrowers with the most common type of federal student loan are repaying their debt on time, new data released by the U.S. Departmen...

Shahien Nasiripour

Big Banks Remind Us Why We Should Be Scared

HuffingtonPost.com | Shahien Nasiripour | Posted 07.31.2014 | Politics

Three separate events in Washington Thursday served as reminders that America’s big banks continue to pose risks to college students, consumers, and...