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  2. 25 million borrowers to be notified of potential student loan ...

    www.aol.com/finance/25-million-borrowers...

    MOHELA, one of six federal student loan servicers, is facing a lawsuit over claims of mismanaging federal loan accounts. On July 22, the American Federation of Teachers (AFT) ...

  3. Student loan servicer MOHELA penalized for sending late bills

    www.aol.com/student-loan-servicer-mohela...

    As of August, MOHELA serviced nearly 7.8 million student loan borrowers – about 5.3 million new accounts compared with 2020, according to a letter the company wrote to some Democratic lawmakers ...

  4. Government punishes MOHELA for mishandling resumption of ...

    www.aol.com/government-punishes-mohela...

    In response, the department announced it is withholding a $7.2 million payment to student loan servicer MOHELA for not providing student loan bills on time. The Education Department said 2.5 ...

  5. Higher Education Loan Authority of the State of Missouri

    en.wikipedia.org/wiki/Higher_Education_Loan...

    MOHELA was founded by Missouri lawmakers in 1981 to oversee loans guaranteed by the U.S. federal government through the Federal Family Education Loan Program.Following the program's abolition in 2010, MOHELA began to expand its presence in the student loan servicing industry.

  6. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...

  7. Teachers union sues MOHELA in federal court, says it ... - AOL

    www.aol.com/teachers-union-sues-mohela-federal...

    A spokesperson for the Chesterfield-based company said providing support to student loan borrowers is “the utmost priority to MOHELA, and any claims to the contrary are false.

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