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BOSTON – Following a lawsuit facing one of the greatest federal student loan servicers in the country to own unfair and you may inaccurate strategies, as well as undermining the newest federal Public service Mortgage Forgiveness (PSLF) program, Attorney General Maura Healey revealed money you to protects personalized membership feedback and you may relevant save to own a huge number of Massachusetts student loan individuals, together with social servants and you will coaches.
The payment achieved to your Pennsylvania Degree Advice Company (PHEAA), d/b/a good FedLoan Repair, eliminates allegations you to definitely PHEAA produced mistakes and given misinformation so you’re able to consumers about PSLF qualification requirements, leading to consumers to reduce months out-of qualifying money for the loan forgiveness.