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MMS News3 articles
Appeals Court Upholds $23B Student Loan Relief; Servicers Face Limited Risk
A federal appeals court kept the $23 billion student-loan relief settlement on track, expanding borrower coverage. Servicers Maximus and Nelnet face limited direct financial exposure.
Student Loan Settlement Advances: $12B Distributed, Court Upholds Deadlines
A $23 billion student loan settlement advances with $12 billion already distributed, as the Ninth Circuit upholds key deadlines affecting over 170,000 borrowers.
Student Loan Overhaul Shifts Risk to Servicers and Private Lenders
The end of the SAVE plan and Grad PLUS loans for new borrowers is reshaping student credit, pushing risks to servicers and opportunities to private lenders.