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Two borrowers filed a lawsuit against the Missouri Higher Education Loan Authority (MOHELA) on Monday for alleging mismanaging student loan forgiveness they are owed under the Public Service Loan Forgiveness Program (PSLF). Jennifer Joy and Misty Thomas both allege in the suit they have met the requirements to receive student debt relief under PSLF, such…
The Department of Education announced Monday that it is withholding millions of dollars in payment to the student loan servicer Missouri Higher Education Loan Authority (MOHELA) over billing statement errors it made. The department said MOHELA “failed to meet its basic obligation” of getting the statements out in a reasonable timeframe, resulting in 2.5 million…