The month of February will be critical for certain borrowers pursuing student loan forgiveness, and hundreds of thousands of ...

The government’s top consumer watchdog is banning Navient from federal student loan servicing and ordering the company to pay $120 million for alleged lending failures. The settlement announced ...

In a consent order with a reverse mortgage servicer on June 18, 2024, the Consumer Financial Protection Bureau (CFPB) made the argument that failing to effectively service loans is abusive. The ...

Millions of borrowers will see their student loan portfolios transferred to another company as one of the nation’s largest servicers announced its plans to leave the industry. Navient announced this ...

The federal student loan system is a mess right now. "Unprecedented uncertainty," says Beth Akers, a higher education researcher at the conservative-leaning American Enterprise Institute (AEI). "Total ...

The Department of Education issues Federal loans to students, but it doesn’t work with borrowers directly. Instead, it hires outside loan servicers to shoulder the administrative burden of educational ...

Navient, once one of the country’s largest student loan servicers, has reached a $120 million settlement with the Consumer Financial Protection Bureau (CFPB) — resulting in the company being ...

The Consumer Financial Protection Bureau is seeking to protect borrowers from unscrupulous loan servicers. The goal is laudable, but the agency's methods are misguided, writes Michael Bright, of the ...

Forbes contributors publish independent expert analyses and insights. Adam Minsky is an attorney and writer focusing on student loans. Can student loan forgiveness get reversed? In some cases, it ...