NextGen: A large Idea which have Big bucks Attached.
The theory to own NextGen, and this dates back so you’re able to 2014, is to try to explain something to own student loan borrowers. Rather than navigating as a result of numerous financing servicers’ other sites, making reference to some other telephone numbers, letters and you can interaction avenues, one to servicer perform focus on that which you, making it obvious and simple to have borrowers.
Music a beneficial, in 2017, immediately after DeVos’ conference, senators to the each party of aisle, contributed by the Roy Blunt (R-MO) and you will Warren, increased issues more ED’s power to do the task and top-notch service that would be available with a sole, monolithic loan servicer. (más…)