Default in Our Loans
Today, Explained
00:00
Is There a Single National System of Regulations for Student Loans?
The education department spends about a billion dollars a year among all nine of these companies. The big servicer that the people would know are Navient which is the company formerly known as Sally Mae. Some of these companies also are sort of hometown companies for senators. And so it does mean that there are also some interested parties kind of scattered throughout America on this.
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