Warren hammers student loan servicer MOHELA at hearing: 'Truly shocking' | The Hill

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QUORUMCALL//GPT:

Sen. Elizabeth Warren has called out student loan servicer MOHELA in a Senate hearing. Warren accused the company of mishandling student loans and failing to provide accurate information to borrowers.

WARREN’S ATTACK
• Sen. Warren critiqued MOHELA’s practices in a Senate hearing, citing numerous complaints from borrowers.
• She accused the company of improperly handling student loans and providing inaccurate information to borrowers.

MOHELA’S RESPONSE
• MOHELA defended its practices, stating that they meet all federal guidelines and regulations.
• The company also claimed that it has a high satisfaction rate among borrowers.

TOPICS COVERED
#StudentLoans #Education #SenateHearings

SOURCE
The Hill is a top US political website, read by lawmakers, policy wonks, and political junkies for up-to-the-minute news about politics and policy.

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title words as hashtags: #Warren #hammers #student #loan #servicer #MOHELA #hearing #039Truly #shocking039 #Hill
source domain: thehill.com
source link: https://thehill.com/homenews/education/4588003-warren-hammers-student-loan-servicer-mohela-at-hearing-truly-shocking/
matched content: Sen. Elizabeth Warren (D-Mass.), chair of the Senate Banking subcommittee on economic policy, scolded MOHELO CEO Scott Giles for refusing her …
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