Mohela failing to manage PSLF correctly? Tell me something I didn't already know.

https://www.washingtonpost.com/education/2023/12/12/mohela-lawsuit-public-service-loan-forgiveness/

To their credit, they have taken over the program in the past year so they've got some catching up to do. Hopefully they get it together here soon.

likehelpful
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It’s just such a mess. They were not ready at all to take on this work. FedLoan Servicing was infinitely better. They probably saw this mess coming and dipped out just in time.

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I actually filed a complaint with the Board of Ed on them. I have nothing to gain as my loans are paid off but I explained the issues I had and suggested their calculations and how they applied payments be looked into.

Kind of went full Karen I guess. I was fortunate to be able to pay off the rest of my loans but if they are screwing people over, I think it should be looked into. Whether or not they actually do I won't know.

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Shocking! 😒

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We have our last session of the year of our group/guest financial education cycles at our Downtown Toronto office this Saturday. We go through our first financial education session that we talk about basic to higher level of financial information; from saving, investing, risks and returns, registered accounts, etc. There is no cost and no obligation. If you are interested to attend in-person or via Zoom, let me know.

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Additional Posts in Student Loans

Damn LIBOR rate up again...

SOFI or who else?

Not mad that student loans being paused means I can use the money for Christmas. Are you still making payments during the pause? Or are you saving the money for something else. My christmas present to myself is a spa day!

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likefunny

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