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Huge Student Loan Servicing Shakeup Will Impact Millions Of
https://www.forbes.com/sites/adamminsky/2024/02/01/huge-student-loan-servicing-shakeup-will-impact-millions-of-borrowers/
webFeb 1, 2024 · Last month, the Biden administration announced that it would be penalizing Aidvantage, Nelnet, and EdFinancial (another government-contracted student loan servicer) for ongoing billing mistakes...
DA: 67 PA: 57 MOZ Rank: 66
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Why Student Loan Company Nelnet Is Having a Meltdown
https://www.thedailybeast.com/student-loan-company-nelnet-is-having-a-meltdown-as-payments-resume-post-covid-amid-bidens-save-program
webUpdated Oct. 28, 2023 1:45PM EDT Published Oct. 27, 2023 11:31PM EDT. Illustration by Luis G. Rendon/The Daily Beast. The country’s largest student loan provider, Nelnet, is under fire as...
DA: 20 PA: 36 MOZ Rank: 76
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Biden-Harris Administration Takes Additional Action to Hold …
https://www.ed.gov/news/press-releases/biden-harris-administration-takes-additional-action-hold-student-loan-servicers-accountable-failing-meet-contractual-obligations
webJan 5, 2024 · The Biden-Harris Administration today announced it is withholding payments to three student loan servicers as part of the U.S. Department of Education’s (Department) continued efforts to strengthen protections for student loan …
DA: 12 PA: 72 MOZ Rank: 15
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Student-Loan Company's Call Center Shuts Down After Notifying …
https://www.businessinsider.com/student-loan-company-nelnet-call-center-shuts-down-borrowers-repayment-2023-8
webAug 3, 2023, 1:04 PM PDT. The Education Department has instructed student-loan companies to notify borrowers of their monthly payments. Getty Images. The student-loan company Nelnet started...
DA: 68 PA: 62 MOZ Rank: 68
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Nelnet Announces Reduction of Staff Due to Contract Changes …
https://www.prnewswire.com/news-releases/nelnet-announces-reduction-of-staff-due-to-contract-changes-impacting-student-loan-servicing-301780289.html
webLINCOLN, Neb., March 23, 2023 /PRNewswire/ -- Nelnet (NYSE: NNI) today announced a staffing reduction to address lower pricing and reduced servicing volume for the company's federal servicing...
DA: 71 PA: 36 MOZ Rank: 21
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Nelnet Reduces Staff Due to Contracts Impacting Loan Servicing
https://nelnetinc.com/press-releases/nelnet-announces-reduction-of-staff-due-to-contract-changes-impacting-student-loan-servicing/
webLINCOLN, Neb., March 23, 2023 – Nelnet (NYSE: NNI) today announced a staffing reduction to address lower pricing and reduced servicing volume for the company’s federal servicing contracts as well as to align with the company’s strategic consolidation and sunsetting of select loan servicing systems.
DA: 58 PA: 7 MOZ Rank: 43
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Student-Loan Company Nelnet Cut Customer Service Staff, Call …
https://www.businessinsider.com/student-loan-company-nelnet-reduces-call-center-hours-layoffs-borrowers-2023-4
webApr 10, 2023, 8:25 AM PDT. Getty Images. The Education Department modified student-loan company Nelnet's contract, per SEC documents. The changes included reduced call center hours, contributing...
DA: 78 PA: 10 MOZ Rank: 5
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Nelnet Layoffs: Employees Describe Fear at Student-Loan …
https://www.businessinsider.com/student-loan-company-nelnet-layoffs-mass-panic-jobs-debt-forgiveness-2022-6
webAyelet Sheffey. Jul 7, 2022, 5:00 AM PDT. Chip Somodevilla/Getty Images; Rachel Mendelson/Insider. An employee of student-loan servicer Nelnet leaked an email to Insider about layoffs at the...
DA: 7 PA: 75 MOZ Rank: 39
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Nelnet, Student Loan Websites Crash in Wake of Biden's Loan …
https://www.cnet.com/personal-finance/loans/nelnet-student-loan-websites-crash-in-wake-of-bidens-loan-forgiveness/
webAug 24, 2022 · Nelnet is the largest servicer of student loans in the US. Dan Avery. Aug. 24, 2022 12:38 p.m. PT. 2 min read. Nelnet manages nearly $513 billion in government-owned student loans. Michael...
DA: 25 PA: 32 MOZ Rank: 11
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Nelnet, Inc. - Nelnet Announces Reduction of Staff Due to …
https://www.nelnetinvestors.com/news/press-release-details/2023/Nelnet-Announces-Reduction-of-Staff-Due-to-Contract-Changes-Impacting-Student-Loan-Servicing/default.aspx
webLINCOLN, Neb., March 23, 2023 /PRNewswire/ -- Nelnet (NYSE: NNI) today announced a staffing reduction to address lower pricing and reduced servicing volume for the company's federal servicing contracts as well as to align with the company's strategic consolidation and sunsetting of select loan servicing systems.
DA: 24 PA: 63 MOZ Rank: 17