Biden administration says it’s penalizing three student-loan servicers over return to repayment

Biden administration says it’s penalizing three student-loan servicers over return to repayment

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The Biden administration is withholding payment from three student-loan servicers amid new evidence of the challenges borrowers have faced following the resumption of payments after a more than a three-year freeze. The Department of Education announced Friday it would withhold $2 million from…

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