A major student-loan company is 'impeding' borrowers' debt cancellation and 'mishandling' their monthly bills, Elizabeth Warren says. She wants its CEO to face Congress. [Business Insider]
Nelnet, Inc. (NNI)
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Source: Business Insider
The hearing is set to examine MOHELA's handling of the return to repayment and PSLF. MOHELA was the first servicer to be punished by the Education Department for failing some of its obligations. Massachusetts Sen. Elizabeth Warren has questions for the head of a major student-loan company — and she wants him to answer them in Congress next month. On Monday, Warren sent a letter to Scott Giles, the CEO of federal student-loan servicer MOHELA, inviting him to testify before the Senate banking committee on April 10. The hearing, called "MOHELA's Performance as a Student Loan Servicer," is intended to examine how MOHELA has performed since the return to repayment in the fall, along with its handling of the Public Service Loan Forgiveness Program. MOHELA was the first federal servicer to be punished by the Education Department for failing to fulfill its contractual obligations. In October — the same month borrowers began to pay their bills after an over three-year pause — the depa
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NNI
News
- Nelnet to Announce First Quarter Results [Yahoo! Finance]Yahoo! Finance
- Nelnet to Announce First Quarter ResultsPR Newswire
- Nelnet, Inc. (NYSE: NNI) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Nelnet Renewable to discontinue residential solar operations and focus on commercial segment [Seeking Alpha]Seeking Alpha
- Nelnet Renewable Energy Sharpens Focus on Commercial Solar [Yahoo! Finance]Yahoo! Finance
NNI
Earnings
- 2/27/24 - Miss
NNI
Sec Filings
- 4/4/24 - Form ARS
- 4/4/24 - Form DEFA14A
- 4/4/24 - Form DEF
- NNI's page on the SEC website