New Loan Servicer Causes Concern for Student Loan Borrowers

New Loan Servicer Causes Concern

This change comes after three loan service providers, Navient, Pennsylvania Higher Education Assistance Agency (PHEAA), and Granite State Management and Resources, did not renew their contracts in 2021. As the payment pause on federal student loans is set to lift this fall, around 44% of borrowers will be facing a new loan servicer, according to … Read more