A student loan servicer told some borrowers payments will be auto-debited Sept. 1. They won’t.

Some people with student loans received a notice Thursday from their servicer that their next payment would automatically debit at the beginning of next month — but the Education Department said any communications from servicers about payments restarting was sent in error. The clock is ticking down on the expiration at the end of the … Read more

Borrowers pursuing public service loan forgiveness to get new servicer

Carol Yepes | Moment | Getty Images Most federal student loan borrowers who’ve been pursuing public service loan forgiveness have faced some confusion and frustration along the way. The program, which allows those who work for the government or specific nonprofits to get their debt canceled after 10 years, has been plagued by problems. Borrowers … Read more