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The company was to be sold for $150 million, initially keeping CEO Jeff Crosby in charge, but with a plan of consolidating the companies together. [9] On February 7, 2018, Nelnet announced that it had completed the acquisition of Great Lakes Educational Loan Services, Inc.. [6] The loan servicing operation is now a fully owned subsidiary of ...
Nelnet, Inc., is a United States–based conglomerate that primary focused on financial services including student and consumer loan origination and servicing.Additionally, the company operates an investing arm, an internet bank and owns Allo Fiber, a cable and internet provider.
Ask your employer about SECURE 2.0. If your company has a matching retirement plan, ask about this new provision in SECURE 2.0 that counts student loan payments toward your 401(k).It's effective ...
After Navient was banned from federal student-loan servicing, Elizabeth Warren told BI it's a warning to other servicers: "Their days are numbered." Student-loan companies that don't do their jobs ...
The student loan servicing industry has had better days. Over the last several months, many servicers – companies that contract with the federal government to manage billing, customer service ...
Under the overhaul, five companies will take over student loan servicing. Four already hold contracts with the Education Department servicing student loans, while the fifth, Central Research, Inc ...