Forbes
Hundreds of thousands of federal student loan borrowers received a formal notice this week warning them that interest is accruing on their balance, and suggesting that they make a payment. But for many of these borrowers, interest isn’t actually accruing, and the notice provided misleading information. The federal student loan repayment system remains plagued by
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Borrowers Receive Misleading Student Loan Interest Notices
Adam S. Minsky
17:19
Hundreds of thousands of federal student loan borrowers received a formal notice this week warning them that interest is accruing on their balance, and suggesting that they make a payment. But for many of these borrowers, interest isn’t actually accruing, and the notice provided misleading information. The federal student loan repayment system remains plagued by
