IPFS News Link • Student Loans/Debt
The Complicated Mess to Restart Student Loan Payments Is On Purpose
• Mish TalkPurposeful Student Loan Mess
Interest on student loans restarts on September 1 with payments starting in October. Few are prepared. If you are a student with questions, good luck getting answers.
And who is the servicer one needs to call?
Transferred to a New Servicer
About four-in-10 borrowers' loans transferred to a new servicer during the pause that began in March 2020, according to government data.
Why was anyone transferred to a new servicer when literally nothing was getting serviced?