Students logging into their student loan servicer accounts may not be able to see their progress in loan forgiveness payments after the Department of Education stalled payment counts.

Key Points ・MOHELA confirmed that borrowers on the SAVE plan are in 0% interest status and no payments are currently required. ・A system issue is causing borrowers to receive false interest ...

MOHELA’s story of success over the past few years is one of growth — and the ability to adapt. The company recently added nearly 900 new employees, a direct result of a company divestiture.

A MOHELA spokesperson told BI that "providing support to student loan borrowers is the utmost priority to MOHELA, and any claims to the contrary are false. MOHELA will vigorously defend against ...

The Mohela building in Chesterfield, Mo., in 2006. (James A. Finley/ASSOCIATED PRESS) “Mohela,” an entity at the center of the arguments, is Missouri’s Higher Education Loan Authority.

The spotlight has shined brightly on student loan servicer Missouri Higher Education Loan Authority (MOHELA) amid fights for student debt relief and complaints about its handling of student loan ...

MOHELA, prior to taking on the federal PSLF contract, had almost 2.5 million borrowers. But after taking the role as the only PSLF servicer, its portfolio ballooned to nearly 7.8 million borrowers.

As of August, MOHELA serviced nearly 7.8 million student loan borrowers – about 5.3 million new accounts compared with 2020, according to a letter the company wrote to some Democratic lawmakers ...

She asked what the state's plan is to ensure MOHELA pays its debt to the Lewis and Clark Discovery fund. The fund was created in 2007 to fund higher ed projects, but MOHELA has repeatedly delayed ...

MOHELA which helps manage the Education Department’s student loan portfolio, sent a cease-and-desist letter to the Student Borrower Protection Center over a report on its business practices.

The Education Department will withhold a $7.2 million monthly payment for a major student loan processor because it failed to send out timely billing notices to millions of borrowers.