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The Biden administration cuts $2M for student loan servicers after a bungled return to repayment

The Biden administration is docking more than $2 million in payments to student loan servicers that failed to send billing statements on time after the end of a coronavirus pandemic payment freeze.

Biden administration cuts pay for student loan servicers after a bungled return to repayment

Biden administration cuts pay for student loan servicers after a bungled return to repayment
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The Biden administration cuts $2M for student loan servicers after a bungled return to repayment

The Biden administration cuts $2M for student loan servicers after a bungled return to repayment
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The Biden administration cuts $2M for student loan servicers after a bungled return to repayment

The Biden administration cuts $2M for student loan servicers after a bungled return to repayment
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The Biden administration cuts $2M for student loan servicers after a bungled return to repayment

By COLLIN BINKLEY (AP Education Writer) WASHINGTON (AP) — The Biden administration is docking more than $2 million in payments to student loan servicers that failed to send billing statements on time after the end of a pandemic payment freeze. The Education Department said Friday it will withhold payments from Aidvantage, EdFinancial and Nelnet for […]

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