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The American Federation of Teachers filed the lawsuit in U.S. District Court in Washington D.C. against the Missouri Higher Education Loan Authority, better known as MOHELA.
For example, Federal Student Aid announced in April that over 1 million student-loan borrowers were being transferred from Mohela to new servicers upon Mohela request to allow borrowers to receive ...
60,000 student-loan borrowers in public service are getting $4.5 billion in debt cancellation while Biden's broader relief remains blocked in court. Ayelet Sheffey. October 17, 2024 at 5:01 AM.
To qualify for the Teacher Loan Forgiveness you must be a highly qualified [2] teacher. You must not have had an outstanding balance on Direct Loans or Federal Family Education Loan (FFEL) Program loans as of Oct. 1, 1998, or on the date that you obtained a Direct Loan or FFEL Program loan after Oct. 1, 1998.
Student-loan borrowers are waiting for answers on the fate of repayments and debt relief programs. A GAO report found less than half of borrowers with monthly bills greater than $0 are current as ...
A $93 million loan was issued by Bank of America National Trust and Savings to 203 North LaSalle Street Partnership. The Partnership's Chicago office building was used as the principal asset in a mortgage set up to secure the loan. The Partnership filed for bankruptcy and bank began the foreclosure process on the piece of property. [1]
A recent survey by the Consumer Financial Protection Bureau found that among borrowers who had only used a standard, 10-year repayment plan, 31% did not know they could choose an alternative.. In ...
California Credit Union (CCU), previously known as the Los Angeles Teachers Credit Union, is a state-chartered credit union in Southern California that focuses on providing financial services to residents of three Southern California counties as well as teachers and others in the education community.