Pr release AG Healey Secures First-of-its-Type Rescue when you look at the Payment With Major Student loan Servicer

Pr release AG Healey Secures First-of-its-Type Rescue when you look at the Payment With Major Student loan Servicer

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BOSTON – Following case against one of the largest government student loan servicers in the united kingdom for unjust and you may inaccurate techniques, in addition to undermining new federal Public service Loan Forgiveness (PSLF) program, Attorney Standard Maura Healey revealed a settlement that obtains custom membership recommendations and relevant save to possess 1000s of Massachusetts education loan borrowers, including social servants and educators.

The new settlement reached into the Pennsylvania Advanced schooling Guidelines Department (PHEAA), d/b/good FedLoan Upkeep, solves allegations one PHEAA generated problems and offered misinformation to borrowers on the PSLF eligibility criteria, causing borrowers to get rid of months of qualifying repayments towards loan forgiveness.

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