“Due to the fact a federal servicer, we have been contractually necessary to service programs into the compliance which have federal statutes and you will legislation,” said Keith The, a great PHEAA spokesperson, during the a contact. “We do not have the authority to improve program legislation instead receding out of compliance with these agreements and jeopardizing income that are used to pay for student aid programs” inside Pennsylvania.
The training Department’s inspector standard earlier this 12 months faulted the newest agencies getting not taking action against PHEAA, and also other loan servicers, after they build errors. Continue Reading
