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More than 300,000 student borrowers given wrong repayment information, Education Department says

Por: CBS News Business October 19, 2023

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More than 300,000 people were given incorrect information about their student loan repayments as began this month, the Education Department said on Thursday. The agency has directed servicers to alert affected borrowers and place them into administrative forbearance until their correct payment amount is calculated in order to minimize the impact on them, the Education Department told CBS MoneyWatch. The issue is affecting some borrowers in the... + full article



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