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Dept of Ed Pushing Forward with New Student Loan Servicers

September 3, 2020 at 6:10 am EDT by Joshua Holt

“The Department announced it has now contracted with five new companies that will take responsibility for servicing many of the outstanding student loans borrowers owe,” reports Christy Bieber.

“The Education Department has also severed ties with some existing loan servicers, including Great Lakes and Nelnet.”

Q: Which student loan servicers have consistently ranked the highest in customer satisfaction? 

A: Great Lakes.

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About FIREwire

Joshua Holt is the founder of FIREwire, a site that aggregates personal finance, investing and financial independence stories. He is also the creator of Biglaw Investor.

Joshua spent more than a decade as a corporate lawyer in New York City representing sovereign nations and private equity clients in mergers & acquisitions.

He earned degrees from the University of Arkansas and Boston College, while also spending a year at Cambridge University in the United Kingdom. He lives in Austin with his wife and son.

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