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Aidvantage

Student Loan Servicers Face $2 Million in Withheld Payments for Timeliness Failures

Harrington Maury Jan 8, 2024

The Biden administration is deducting over $2 million in payments from student loan servicers, namely Aidvantage, EdFinancial, and Nelnet, due to their failure to dispatch billing statements promptly after the conclusion of a…

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