2.7 Million Student Loan Borrowers To Be Compensated For Servicer Problems

The Biden administration announced this week that nearly three million borrowers will be compensated for ongoing problems related to student loan servicing. As part of the compensation, the Education Department will waive interest, cancel payments, and credit borrowers with time toward student loan forgiveness programs.

Here’s what borrowers need to know.

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2.7 Million Student Loan Borrowers To Be Compensated For Servicer Problems

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2.7 Million Student Loan Borrowers To Be Compensated For Servicer Problems

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