student loan servicing

Student Loan Borrowers To Pay More Under Tentative Budget Pact

There's little independent evidence that the move would significantly increase collections or avert loan defaults.
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Why Leon Cooperman Is Betting On Troubled Student Loan Giant Navient Corp.

"The problem is the regulators, not the company," said Leon Cooperman, founder of the hedge fund Omega Advisors.
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Robocalls Emerge As Latest Fix For Nation's Student Loan Crisis

The loan industry claims it could help millions of borrowers avoid default if it's allowed to widely use auto-dialers.
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Arne Duncan Resigns Amid Legacy-Threatening Student Debt Crisis

The education secretary leaves behind 1 in 4 borrowers in distress.
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Consumer Regulator Considers Student Loan Rules To Fix 'Widespread Failures'

Unfair, Kafkaesque practices torment borrowers, the Consumer Financial Protection Bureau says.
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You'll Never Guess The Single Greatest Risk Factor For Student Loan Default

In a new report, 73.1 percent of loans with one servicer ended up in default.
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Struggling Borrowers At Higher Risk Of Default As Education Department Resists Recommendations

"If the department continues this inaction and refuses to hold its servicers to a higher standard, millions will suffer."
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Wall Street Punishes Troubled Student Loan Giant Navient Corp.

Stock drops to all-time low as investor fears grow.
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CFPB Considers Suing Student Loan Giant Navient For Cheating Borrowers

The federal consumer bureau has enough evidence to indicate the company violated federal consumer protection laws.
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CFPB Probes Education Department Loan Contractors Over Potentially Faulty Practices

Student loan servicers could be hurting an Obama administration priority.
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