The federal government promised to cancel the student loans of approximately 41,000 public employees and certain non-profit workers after ten years of payments as long as they worked in public service. A decade later, authorities approved just 206 people for loan cancellation, according to the U.S. Department of Education… “For years, Navient solutions, LLC has told its customers that they were eligible to have their loans forgiven after 120 payments, despite knowing that those individuals did not have eligible loans,” court documents in the case state, According to federal rules, borrowers must consolidate into a so-called Direct Loan to be eligible for the Student Loan Forgiveness Program. The plaintiffs in the case say Navient never told them that.

Read full article [here].
by Jackie Callaway , ABC Action News.

Posted: January 31st, 2019, by: admin. Categories: . Awaiting Comments.