Education Department Plans To Transfer Some Student Loans Operated By This Servicer By Year's End - Here's What We Know
The Education Department will begin shifting an unspecified number of federal student loans away from MOHELA to other servicers by year's end, according to recent correspondence between Sen. Elizabeth Warren ( D-Mass. ) and Education Secretary Linda McMahon.
Nelnet ( NNI ) Q2 EPS Jumps 320%
Nelnet ( NYSE:NNI ) , which provides loan servicing, education technology, and related financial services, reported its second quarter fiscal 2025 earnings on August 6, 2025. The main headlines were a sharp jump in net profit and earnings per share ( EPS ) ( GAAP ) , both propelled by a ...
Sallie Mae to Benefit From Proposed Federal Student Loan Caps
SLM is likely to benefit from the Trump tax bill caps federal student loans, driving borrowers toward private lenders.
3 Financial Stocks to Buy Now on Core PCE Coming in High
Sticky core PCE inflation lifts Treasury yields, boosting prospects for NNI, PGY and UFCS amid rate-hike resilience.
Relatively High Rates, Buyouts Aid Capital One Amid Weak Asset Quality
COF rides high on Discover buyout, strong card business and rising NII, but asset quality and rising costs remain woes.
Best Momentum Stock to Buy for May 16th
NRIM, NNI and ARMN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 16, 2025.
Nelnet ( NNI ) Upgraded to Strong Buy: Here's Why
Nelnet (NNI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Nelnet ( NNI ) Upgraded to Strong Buy: Here's Why
Nelnet (NNI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Nelnet Shows Recovery, Tops EPS
Nelnet posted excellent fourth-quarter 2024 earnings, exceeding market expectations in both revenue and earnings per share, reflecting a strong operational performance.
Student loan servicer transfer led to 'millions of consumer credit reporting errors': Lawmakers
A "faulty" transfer of student loan accounts from NelNet to Mohela led to "millions of consumer credit reporting errors," lawmakers say in a new letter.
Nelnet ( NNI ) Upgraded to Strong Buy: Here's What You Should Know
Nelnet (NNI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Appeals Court Blocks Biden's SAVE Student Loan Debt Relief Plan - SoFi Techs ( NASDAQ:SOFI )
A federal appeals court has blocked President Joe Biden's administration from implementing its Saving on a Valuable Education ( SAVE ) student debt relief plan. The Details: The St. Louis-based 8th U.S. Circuit Court of Appeals granted a request by seven states to put on hold parts of the U.S.
Analyst Expects Discover Financial To Further Narrow FY24 Guidance This Year: Details - Discover Finl ( NYSE:DFS )
Discover Financial Services DFS shares are trading higher today after the company reported better-than-expected second-quarter EPS results yesterday. The company reported GAAP earnings of $6.06 per share, beating the estimate of $3.07 per share, and quarterly Net Interest Income ( NII ) of $3.524 ...
What's Going On With SoFi Technologies Stock? - SoFi Techs ( NASDAQ:SOFI )
SoFi Technologies, Inc. SOFI shares are trading mostly flat Thursday. The stock has climbed more than 20% over the past month on investors' optimism for rate cuts in the near-term. There have also been several recent developments regarding student loans.
Best Momentum Stock to Buy for May 17th
HWM, DXPE and NNI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 17, 2024.
Nelnet ( NYSE:NNI ) Stock Rating Upgraded by StockNews.com
Nelnet ( NYSE:NNI - Get Free Report ) was upgraded by equities research analysts at StockNews.com from a "hold" rating to a "buy" rating in a report issued on Monday. NYSE NNI opened at $110.19 on Monday. The stock has a market cap of $4.08 billion, a P/E ratio of 29.78 and a beta of 0.84.
Stocks To Watch: Nelnet A Sees RS Rating Jump To 82
On Wednesday, Nelnet A ( NNI ) reached a key technical benchmark, with its Relative Strength ( RS ) Rating jumping into the 80-plus percentile with an improvement to 82, an increase from 72 the day before.
Why NelNet Stock Is Popping Higher Today
Strong earnings remind investors the company's business plan is on track.
Genpact Posts Upbeat Earnings, Joins Groupon, Natera, Funko, CarGurus And Other Big Stocks Moving Higher On Friday - Groupon ( NASDAQ:GRPN )
U.S. stocks were mostly higher, with the Dow Jones gaining over 100 points on Friday. Shares of Genpact Limited G rose sharply during Friday's session after the company reported better-than-expected first-quarter financial results and raised its FY24 EPS range.
Big Student Loan Servicing Upheaval Will Impact Forgiveness, Repayment For Millions
The Biden administration announced this week that a million borrowers with federal student loans will soon be transferred from MOHELA, one of the Education Department's major contractors. Impacted borrowers will soon have a new student loan servicer.
The Education Department will transfer some student loan borrowers to a different servicer. Here's what you need to know
The U.S. Department of Education recently said that it will soon transfer some student loan borrowers to different servicers. Here's what you need to know.
StockNews.com Downgrades Nelnet ( NYSE:NNI ) to Hold
Nelnet ( NYSE:NNI - Get Free Report ) was downgraded by StockNews.com from a "buy" rating to a "hold" rating in a research note issued to investors on Tuesday. Nelnet stock opened at $93.85 on Tuesday. The firm's 50 day simple moving average is $90.33 and its 200 day simple moving average is ...
My defaulted student loans were an embarrassing burden, but the Fresh Start program has changed all that
There's Still Time to Get Your Student Loans Out of Default - Business Insider ...
Student-loan borrowers faced 3.9 million billing errors after entering repayment, a new report from 4 Democratic lawmakers says
Student-loan borrowers faced 3.9 million errors with their bills: Dems - Business Insider ...
Nelnet ( NYSE:NNI ) Stock Rating Lowered by StockNews.com
StockNews.com downgraded shares of Nelnet ( NYSE:NNI - Free Report ) from a buy rating to a hold rating in a report released on Friday. NNI stock opened at $93.65 on Friday. The company has a quick ratio of 35.15, a current ratio of 35.15 and a debt-to-equity ratio of 3.67.
Biden Administration Suspends Student Loan Forgiveness Processing For Key Program
The Biden administration announced this week that it will pause student loan forgiveness processing under a key program. The suspension is part of a broader transition, whereby the Department of Education will be taking over the administering of several student loan forgiveness programs from ...
Nelnet ( NYSE:NNI ) Upgraded by StockNews.com to Buy
StockNews.com upgraded shares of Nelnet ( NYSE:NNI - Free Report ) from a hold rating to a buy rating in a research note released on Thursday. NNI stock opened at $94.64 on Thursday. Nelnet has a 1 year low of $81.67 and a 1 year high of $101.60.
A major student-loan company is 'impeding' borrowers' debt cancellation and 'mishandling' their monthly bills, Elizabeth Warren says. She wants its CEO to face Congress.
Student-loan company MOHELA's CEO should face Congress: Elizabeth Warren - Business Insider ...
Nelnet ( NYSE:NNI ) Downgraded to "Hold" at StockNews.com
Nelnet ( NYSE:NNI - Get Free Report ) was downgraded by equities researchers at StockNews.com from a "buy" rating to a "hold" rating in a report issued on Wednesday. Separately, TheStreet downgraded Nelnet from a "b-" rating to a "c" rating in a report on Thursday, November 9th.
Nelnet ( NYSE:NNI ) Upgraded at StockNews.com
StockNews.com upgraded shares of Nelnet ( NYSE:NNI - Free Report ) from a hold rating to a buy rating in a report released on Tuesday. Several other research firms have also recently weighed in on NNI. TheStreet cut shares of Nelnet from a b- rating to a c rating in a research note on Thursday, ...
After student loan forgiveness, the Education Dept. is sending some borrowers refunds. What to know
The Biden administration has forgiven student debt for millions of people. Some borrowers have also received large refunds.
After 35 years, he got $119,500 in student debt forgiven. Then the government refunded him $56,801
The Department of Education has been reviewing the accounts of borrowers who have been in repayment for decades to see if they're eligible for forgiveness.
Nelnet ( NYSE:NNI ) Cut to Hold at StockNews.com
Nelnet ( NYSE:NNI - Get Free Report ) was downgraded by stock analysts at StockNews.com from a "buy" rating to a "hold" rating in a research note issued to investors on Friday. Several other equities analysts have also weighed in on the stock.
Borrowers meet challenges as student loans resume and servicers struggle to handle new payments
Student loan borrowers have met multiple hurdles as student loan repayment restarts, a Consumer Financial Protection Bureau report explains. From long customer service hold times to payment plan delays and incorrect billing statements, borrowers have found it difficult to start paying again.
Nelnet ( NYSE:NNI ) Upgraded to "Buy" by StockNews.com
StockNews.com upgraded shares of Nelnet ( NYSE:NNI - Free Report ) from a hold rating to a buy rating in a research report report published on Thursday morning. Other equities research analysts also recently issued reports about the stock.
Huge Student Loan Servicing Shakeup Will Impact Millions Of Borrowers
In a major shakeup, one of the nation's largest student loan servicing companies announced that it would be transferring its portfolio of accounts to another servicer. The move could impact millions of borrowers.
New student loan laws can help borrowers manage better in 2024
The student loan battle rages on as we enter 2024, with key laws going into effect to help borrowers manage their student loan debt. One of the first laws, which went into effect on January 1st, is the Secure Act 2.0, Section 110.
180 Degree Capital Corp. Nominates Matthew F. McLaughlin for Election to the Board of comScore, Inc. - DoubleVerify Hldgs ( NYSE:DV ) , 180 Degree Capital ( NASDAQ:TURN )
MONTCLAIR, N.J., Jan. 29, 2024 ( GLOBE NEWSWIRE ) -- 180 Degree Capital Corp. ( "180 Degree Capital" or "we" ) TURN, today announced that on January 25, 2024, it delivered a formal letter to comScore, Inc. ( "SCOR" or the "Company" ) notifying it of its intention to nominate Matthew F.
180 Degree Capital Corp. Nominates Matthew F. McLaughlin for Election to the Board of comScore, Inc.
MONTCLAIR, N.J., Jan. 29, 2024 ( GLOBE NEWSWIRE ) -- 180 Degree Capital Corp. ( "180 Degree Capital" or "we" ) ( NASDAQ:TURN ) , today announced that on January 25, 2024, it delivered a formal letter to comScore, Inc. ( "SCOR" or the "Company" ) notifying it of its intention to nominate Matthew ...
A major student-loan company owes debt of its own - but it's continuing to collect millions of borrowers' monthly bills. A Democratic lawmaker says it's time for it to pay up.
Student-loan company MOHELA has debt of its own, and it needs to pay: Rep. Cori Bush - Business Insider ...
EdFinancial Services: Everything You Need To Know
EdFinancial Services is one of several loan servicers contracted by the federal government to manage billing for federal student loans. Based in Knoxville, Tennessee, EdFinancial has been in the student loan business for over three decades and services loans for over five million borrowers as of ...
Nelnet ( NYSE:NNI ) Lowered to "Hold" at StockNews.com
StockNews.com lowered shares of Nelnet ( NYSE:NNI - Free Report ) from a buy rating to a hold rating in a research report report published on Tuesday. NNI has been the subject of several other reports. TD Cowen assumed coverage on shares of Nelnet in a research note on Wednesday, November 1st.
Delayed statements, incorrect bills: What student loan borrowers need to know about servicing problems
The restart of student loan payments causing you problems already? You're far from alone. Here's what to know about the issues borrowers are facing.
3.5 Million Borrowers Will Receive Student Loan Forgiveness Credit For Nonpayment As Servicing Troubles Persist
Millions of borrowers will receive student loan forgiveness credit for administrative forbearance periods, according to the Biden administration, as broad loan servicing problems continue. Forbearances allow borrowers to avoid repayment while staying in good standing on their student loans.
Over 1 million student-loan borrowers were put at risk of making 'significantly higher payments than they can afford' because their servicers were too swamped to help, a federal consumer watchdog says
Student-loan borrowers made 'significantly higher payments': CFPB - Business Insider ...
Biden administration says it's penalizing three student-loan servicers over return to repayment
The CFPB also released new evidence suggesting 450,000 borrowers were waiting for weeks to have paperwork processed ...
The Biden administration cuts $2M for student loan servicers after a bungled return to repayment
Biden administration cuts pay for student loan servicers after a bungled return to repayment The Associated Press ...
758,000 more student-loan borrowers didn't receive on-time billing statements in the fall - and they won't have to make payments until the issues are resolved
758,000 More Student-Loan Borrowers Didn't Receive on-Time Billing Statements - Business Insider ...
Federal agency: Student loan company errors could 'pose serious risks' to borrowers, the economy
The CFPB outlined recent errors by student loan servicers, and the U.S. Department of Education announced it would withhold payments to the companies.
Nearly 9 million student-loan borrowers missed their first payments in October - but they won't face 'the harshest consequences' of falling behind until next year, Biden's Education Department says
Nearly 9 million student-loan borrowers missed payments in October - Business Insider ...
