Mass. A.G. Campbell: Major Student Loan Servicer Nelnet To Pay $1.8 Million For Alleged Failure To Sufficiently Communicate With Borrowers About Maintaining Access To Affordable Payments
January 12, 2024
January 12, 2024
BOSTON, Massachusetts, Jan. 12 -- Massachusetts Attorney General Andrea Joy Campbell issued the following news release on Jan. 11, 2024:
Today, Attorney General Andrea Joy Campbell announced a $1.8 million settlement with Nelnet, Inc. (Nelnet), one of the nation's largest federal student loan servicers, resolving allegations that the company failed to appropriately communicate with borrowers about renewing Income-Driven Repayment (IDR) plans that provide access to affordable pa . . .
Today, Attorney General Andrea Joy Campbell announced a $1.8 million settlement with Nelnet, Inc. (Nelnet), one of the nation's largest federal student loan servicers, resolving allegations that the company failed to appropriately communicate with borrowers about renewing Income-Driven Repayment (IDR) plans that provide access to affordable pa . . .