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P.E.O. Educational Loan Fund (ELF) — A revolving loan fund established in 1907 to lend money to qualified women students to assist them in securing a higher education. Has loaned $243 million. Has loaned $243 million.
A professional employer organisation (PEO) is an outsourcing firm that provides services to small and medium-sized businesses (SMBs). Typically, the PEO offering may include human resource consulting, safety and risk mitigation services, payroll processing, employer payroll tax filing, workers' compensation insurance, health benefits, employers' practice and liability insurance (EPLI ...
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In October 2017, Great Lakes Higher Education Corporation reached an agreement to sell off 100% of the stock of its subsidiary, the Great Lakes Educational Loan Services, Inc. to Nelnet. [8] 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 ]
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It also has a loan servicing operation for student loans that it owns and for lenders under contract. Originally a small student loan guarantor with approximately 5,000 student loans a year after its formation, it at one point managed more than $100 billion in total assets and serves nearly four million students through its various programs.
Musk’s DOGE team already has gained access to a database housing personal information on millions of students and parents with federal student loans, according to two people with knowledge of the issue. One of them, a department employee, said a DOGE representative requested the access more than a week ago.