You Searched For "FSA" and got 20 results
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1 min read
Coal India E-auction revenue falls 7% to Rs 5,589cr in Q1FY25 amid higher sales
The decline in revenue occurred despite a nearly 37 per cent increase in e-auction volume to 23.18 …
PTI
3 mins read
Student-loan borrowers should no longer be serviced by a major company that's been scrutinized for bad behavior, a group of Democratic lawmakers and advocates say: 'It's time to fire MOHELA'
The Education Department has already punished MOHELA, but Rep. Ilhan Omar said that "it is time to …
Ayelet Sheffey
2 mins read
Key student-debt relief programs are at risk if Congress doesn't boost Education Department funding, 25 Democratic lawmakers say
Following a botched FAFSA rollout and rocky return to student-loan repayment, Elizabeth Warren is c…
Ayelet Sheffey
2 mins read
More than 1 million student-loan borrowers could soon be transferred to a new company after their servicer requested a lighter load, the Education Department says
The Education Department agreed to student-loan company MOHELA's request to transfer some of its bo…
Ayelet Sheffey
2 mins read
Biden's top student-loan official says he's 'pushing hard' to give public servants more time to apply for debt relief
Student-loan borrowers have until October 31 to use the Public Service Loan Forgiveness waiver — bu…
Ayelet Sheffey
4 mins read
All 4 major student-loan companies have now gotten punished for customer service issues as borrowers struggle with repayment — and it might not be the end
Since student-loan payments resumed, millions of borrowers have encountered issues with their servi…
Ayelet Sheffey
2 mins read
Biden's top student-loan official details how he plans to fix 'confusing' and 'inconsistent' debt repayment plans that have pushed millions into default
While Federal Student Aid head Richard Cordray wants to fix student-loan servicing, many borrowers …
Ayelet Sheffey
3 mins read
A student-loan company just got hit with a $1 million penalty for 'breaking the law' by lying to borrowers about loan forgiveness, Biden's top consumer watchdog says
"When student loan companies lie about cancellation and repayment programs for borrowers, they are …
Ayelet Sheffey
2 mins read
3 ways Biden is budgeting for 'better support to student-loan borrowers' without the debt forgiveness he pledged
The president's budget proposal includes $2.7 billion for Federal Student Aid to improve customer s…
Ayelet Sheffey
2 mins read
Veterans are being misled into taking out student loans 'they didn't need,' a Biden official says — and 'offending schools' will face consequences
Federal Student Aid's Richard Cordray issued schools a warning: be upfront about student loan costs…
Ayelet Sheffey
3 mins read
A student-loan company that just took over 5 million borrowers' accounts has 'a growing list of scandals and abuses,' report says
Maximus, which took over Navient's portfolio, says it's just "back-end IT support" for federal loan…
Ayelet Sheffey
3 mins read
Student-loan companies explain why they're not to blame for borrowers' repayment challenges. A group of Democrats said it's still 'deeply concerning.'
Sen. Elizabeth Warren joined three of her colleagues in saying student-loan servicers failed to exp…
Ayelet Sheffey
3 mins read
Meet the typical student-loan borrower: a millennial woman with a $35,000 balance who wants debt relief
As millions of student-loan borrowers are once again entering repayment, here's what the average Am…
Ayelet Sheffey
3 mins read
A boomer on short-term disability isn't required to make student-loan payments right now. Her servicer took out $200 from her bank anyway.
Amy, 59, knew her student loans should not be in active repayment while pursuing her teaching certi…
Ayelet Sheffey
2 mins read
Student-loan forgiveness and cheaper monthly payments are on the line as the GOP's plan to slash Education Department funding moves forward
House Republicans are proposing to cut Federal Student Aid's budget by $264 million. It would pose …
Ayelet Sheffey
2 mins read
Under pressure to cancel student debt, a top federal aid official points to Biden: 'It is a decision for the White House to make'
Federal Student Aid head Richard Cordray made clear broad student-debt cancellation is Biden's job …
Ayelet Sheffey
3 mins read
$100,000 monthly student-loan bills, late statements, and erroneous banking fees: here's everything that's gone wrong for borrowers with the return to repayment
Millions of student-loan borrowers have faced errors at the hands of their servicer since payments …
Ayelet Sheffey
3 mins read
Student-loan borrowers struggling with repayment need more help than what the Education Department has offered — and they might not get it
Student-loan company MOHELA lost $7 million in pay, the first servicer to get punished for repaymen…
Ayelet Sheffey
2 mins read
Student-loan borrowers could take legal action against their servicers or the Biden administration if repayment mistakes aren't fully fixed, a new federal memo says
An internal memo from Federal Student Aid said that if repayment mistakes for student-loan borrower…
Ayelet Sheffey
2 mins read
A for-profit school that 'deceived' student-loan borrowers and pushed them to take on 'unexpectedly high levels' of debt got hit with a $37 million fine, Biden's Education Department says
Grand Canyon University's fine is the largest enforcement action the Education Department has ever …