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EdFinancial

Coverage of EdFinancial in the Nexus archive.

Earliest in view: Jul 2 · 14:24 UTCMost recent: Jul 2 · 14:24 UTC
Co-mentioned in this coverage
SAVE plantopic1Repayment Assistance Plantopic1U.S. Department of Educationorganization1NelNetorganization1Nicholas Kentperson1Trump administrationorganization1Biden-eratopic1
Recent coverage
  • POLITICSJul 2 · 14:24 UTCBUSINESS INSIDER
    Student-loan borrowers are getting their first batch of notices to switch repayment plans

    Student-loan borrowers in the SAVE repayment plan began receiving notices on July 1 to switch to new repayment plans within 90 days. Servicers like EdFinancial and Nelnet are notifying borrowers in waves, with some having until May 2027 to transition. The SAVE plan was eliminated via a court settlement, and borrowers are being directed to the Repayment Assistance Plan (RAP) or standard repayment options.