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A group of Democratic U.S. senators recently questioned student loan experts and stakeholders about the performance of MOHELA, a student loan servicer that has been in the spotlight for allegations
Students who completed degrees at public and private nonprofit institutions had smaller student loan balances four years later than peers who didn’t graduate, according to a new report. The total student debt in the United States, which is around $1.7 trillion and growing, is being fueled in part by borrowers who left college before earning a degree or credential and can’t afford to repay their student loans, according to a new report.