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Student loan servicers told not to contact borrowers as payment pause deadline nears
By Kristen Welker & Molly Roecker
The Education Department has a plan for canceling student debt — if Biden gives the word
By Michael Stratford
Student loan servicers told to hold off on sending out billing notices, a sign payment pause may be extended
By Annie Nova
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Formerly TwitterU.S. Department of Education
usedgov
You might get a call from someone saying they’re with Federal Student Aid (FSA) or the Department of Education to discuss loan forgiveness.
Spoiler: They’re not - and it's a scam.
Here's how to spot & avoid student loan scammers with info from @FTC: consumer.ftc.gov/consumer-alerts/2024/04/scammers-follow-news-about-student-loan-forgiveness pic.twitter.com/BsXs21SLuT
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Elizabeth Warren
SenWarren
During the return to repayment, student loan servicers—including @MOHELA—made more than 3.9 million billing errors.
Who got hurt? Borrowers.
I've got a new report that reveals decades of servicer incompetence and misconduct. We need accountability now.
www.businessinsider.com/student-loan-borrowers-faced-repayment-billing-errors-debt-cancellation-warren-2024-4?utm_source=twitter&utm_campaign=business-sf&utm_medium=social
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Elizabeth Warren
ewarren
Even though extremists on the Supreme Court have stood in the way of student debt cancelation, President Biden is still finding ways to deliver relief to millions of Americans. www.washingtonpost.com/education/2024/04/12/biden-student-loan-forgiveness-update-save-pslf/
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