Education loan servicer matches back while the says attention protections

Education loan servicer matches back while the says attention protections

DeVos tweaked the program to let you to definitely seller so you’re able to provider all the federal student education loans, a change she told you manage improve customer service, limitation will cost you and raise government oversight off servicers

AUGUSTA, Maine (AP) – The nation’s premier servicer regarding federal student loans features lobbied against states’ jobs so you’re able to licenses student loan servicers within the Maine and in other places in 2010 because seeks in order to become the country’s solitary servicer away from student education loans around an idea supported by You.S. Training Secretary Betsy DeVos.

County info examined from the Associated Press let you know Navient Corp. provides stated purchasing about $49,one hundred thousand while the January into the lobbyists when you look at the Maine, New york and you will Arizona, claims in which lawmakers are planning on certification conditions.Continue reading