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NCLC, PPSL, and SBPC Joint Statement on 50+ Lawmakers Letter to Cardona About MOHELA
50 members of Congress, led by Senator Elizabeth Warren and Representative Jim Clyburn, sent a letter to Education Secretary Miguel Cardona about the student loan servicing company Higher Education Loan Authority of the State of Missouri (MOHELA).
Millions of student-loan borrowers' payments are being 'wildly' mismanaged by a major servicer — and it might be time to terminate its contract, over 50 Democratic lawmakers say | Business Insider
It might be time for the Education Department to consider firing a major student-loan company, a group of Democratic lawmakers say.
The Biden administration said their student debt was canceled, but their servicer still says they owe. Now they’re suing. | MarketWatch
Represented by the Project on Predatory Student Lending, borrowers allege in a lawsuit against MOHELA that in some cases they’ve been waiting years for the debt relief they were promised.
As AG, Kamala Harris took on for-profit colleges. Over a decade later, the fight isn’t over. | The Boston Globe
Tens of thousands of former Corinthian students are still being charged for their loans for the worthless program that scammed them, advocates say, despite Harris and the Department of Education announcing two years ago those debts would be wiped away. The reason appears to be outside of Harris’s control: Advocates blame the loan servicer, who they are now suing.
For-Profit College Students Sue MOHELA for Not Delivering Promised Debt Forgiveness | American Prospect
Yet as the lawsuit filed today claims, when loans actually are being forgiven, MOHELA is inflicting harm rather than suffering it, by failing to process the discharges. “I wish the state of Missouri had to defend MOHELA’s failure to deliver these discharges,” Connor said.