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Title: |
Student Loan Servicing |
| Sub-title: |
Analyses of Practices & Reform Recommendations |
Search Result:
| Edited by: |
Carly Adkins |
| ISBN10-13: |
1634845676 : 9781634845670 |
| Format: |
Hardback |
| Size: |
230x155mm |
| Pages: |
120 |
| Weight: |
.358 Kg. |
| Published: |
Nova Science Publishers, Inc - March 2016 |
| List Price: |
150.99 Pounds Sterling |
| Availability: |
In Stock
Qty Available: 2 |
| Subjects: |
Funding of education & student finance |
| Student loans make up the nation's second largest consumer debt market, surpassing all other categories of consumer debt aside from mortgages. Servicers are a critical link between borrowers and lenders. They manage borrowers' accounts, process monthly payments, and communicate directly with borrowers. The servicer is often different than the lender, and a borrower typically has no control over which company services a loan. Regrettably, widespread servicing failures are being reported by both federal and private student loan borrowers. This book reviews and discusses public comments submitted in response to a request for information regarding student loan servicing by the Consumer Financial Protection Bureau. It includes recommendations for policymakers and market participants to improve borrower outcomes and reduce defaults, offering a roadmap for student loan servicing reform. This book also identifies a range of challenging issues for servicemembers with student loans. |
| Table of Contents: |
| Preface; Student Loan Servicing: Analysis of Public Input & Recommendations for Reform; Overseas & Underserved: Student Loan Servicing & the Cost to Our Men & Women in Uniform; The Next Front? Student Loan Servicing & the Cost to Our Men & Women in Uniform; Index. |
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