Washington AG’s Student Loan Recovery Program Brings in Over $1 Million

The state of Washington is going after student loan adjusters, and those efforts have netted over $1.2 million in funds according to Attorney General Bob Ferguson. In November 2015, Ferguson and his department started bringing lawsuits and investigating allegations against 15 student loan adjusters, operating out of state. The goal was to prosecute them for…

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Lawsuit Filed Against Student Loan Servicer After Grants Converted to Loans

Pennsylvania Higher Education Assistance, a servicer of student loans, is being sued by two teachers who say that the company converted their educational grants to loans to raise more revenue for itself. Under federal law, students seeking to be teachers can receive the Teacher Education Assistance for College and Higher Education Grant, or TEACH. After…

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