Close Menu
  • Entertainment
  • Lifestyle
  • Relationships
  • Tips & Tricks
  • Celebrity Kids
Facebook X (Twitter) Instagram
  • Disclaimer
  • About us
  • Privacy Policy
  • Contribute & Advertise with Us
Facebook X (Twitter) Instagram Pinterest Vimeo
GistFestGistFest
  • Entertainment

    Top 5 Entertainment Moments: Akshay, SRK & Amitabh in the Spotlight

    July 25, 2025

    Slasher Nostalgia: I Know What You Did Last Summer Legacy Sequel

    July 24, 2025

    Pride & Prejudice Returns to Theaters in India for 20th Anniversary—Don’t Miss the Iconic Love Story

    July 23, 2025

    More Than a Hero: How Superman’s Box Office Success Is Giving Hollywood a New Blueprint

    July 22, 2025

    Inside the Breaking Point That Ended Gwyneth Paltrow and Madonna’s Friendship, Says New Biography

    July 21, 2025
  • Lifestyle

    Top 5 Entertainment Moments: Akshay, SRK & Amitabh in the Spotlight

    July 25, 2025

    Slasher Nostalgia: I Know What You Did Last Summer Legacy Sequel

    July 24, 2025

    Pride & Prejudice Returns to Theaters in India for 20th Anniversary—Don’t Miss the Iconic Love Story

    July 23, 2025

    More Than a Hero: How Superman’s Box Office Success Is Giving Hollywood a New Blueprint

    July 22, 2025

    Inside the Breaking Point That Ended Gwyneth Paltrow and Madonna’s Friendship, Says New Biography

    July 21, 2025
  • Relationships

    Top 5 Entertainment Moments: Akshay, SRK & Amitabh in the Spotlight

    July 25, 2025

    Slasher Nostalgia: I Know What You Did Last Summer Legacy Sequel

    July 24, 2025

    Pride & Prejudice Returns to Theaters in India for 20th Anniversary—Don’t Miss the Iconic Love Story

    July 23, 2025

    More Than a Hero: How Superman’s Box Office Success Is Giving Hollywood a New Blueprint

    July 22, 2025

    Inside the Breaking Point That Ended Gwyneth Paltrow and Madonna’s Friendship, Says New Biography

    July 21, 2025
  • Tips & Tricks

    Top 5 Entertainment Moments: Akshay, SRK & Amitabh in the Spotlight

    July 25, 2025

    Slasher Nostalgia: I Know What You Did Last Summer Legacy Sequel

    July 24, 2025

    Pride & Prejudice Returns to Theaters in India for 20th Anniversary—Don’t Miss the Iconic Love Story

    July 23, 2025

    More Than a Hero: How Superman’s Box Office Success Is Giving Hollywood a New Blueprint

    July 22, 2025

    Inside the Breaking Point That Ended Gwyneth Paltrow and Madonna’s Friendship, Says New Biography

    July 21, 2025
  • Celebrity Kids

    Brody Jenner Ties the Knot With Tia Blanco in Dreamy Malibu Ceremony — See the Intimate Moments

    July 17, 2025

    Madison LeCroy Welcomes Baby No. 2 — the Heartwarming Story Behind the Name

    July 9, 2025

    Ariana Zolciak Supports Kim Zolciak and Siblings Amid Ongoing Money Issues

    July 7, 2025

    Sofia Richie and Elliot Grainge Revisit Lavish Wedding Venue Amid Backlash Over Cheating Rumors

    June 24, 2025

    Exes Megan Fox and MGK Unveil Their Baby Girl’s Name Following ‘Celestial Seed’ Mix-Up

    June 20, 2025
Subscribe
GistFestGistFest
Home » Sen. Elizabeth Warren Calls Out Student Loan Company CEO, Invites Him to Testify Before Congress
News

Sen. Elizabeth Warren Calls Out Student Loan Company CEO, Invites Him to Testify Before Congress

SolomonBy SolomonMarch 20, 20243 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
sen Eliz Warren
Source: Reddit
Share
Facebook Twitter LinkedIn Pinterest Email
sen Eliz Warren
Source: Reddit

Massachusetts Senator Elizabeth Warren demands answers from the CEO of MOHELA, a major student-loan company, as she calls for his testimony before the Senate banking committee next month. 

The move comes amid growing concerns over MOHELA’s handling of the return to repayment and its administration of the Public Service Loan Forgiveness (PSLF) Program.

In a letter addressed to Scott Giles, the CEO of MOHELA, Warren invited him to testify on April 10 in a hearing titled “MOHELA’s Performance as a Student Loan Servicer.” The hearing aims to scrutinize MOHELA’s conduct since the resumption of repayment in the fall, particularly focusing on its compliance with contractual obligations and its management of the PSLF Program.

MOHELA made headlines as the first federal servicer to face repercussions from the Education Department for its failure to meet contractual obligations. In October, the department withheld over $7 million in payments from MOHELA due to its inability to provide timely billing statements to borrowers, coinciding with the resumption of loan repayments after a three-year hiatus.

ALSO READ: Woman Narrates Experience With Biden’s Student Debt Forgiveness Plan After Loan Provider Ordered Her to Pay

Furthermore, MOHELA faces legal challenges, with two student-loan borrowers filing lawsuits in December alleging that the company delayed their PSLF applications and wrongfully demanded payments.

Warren’s letter to Giles underscored the impact of MOHELA’s actions on student loan borrowers, highlighting the company’s role in exacerbating the challenges faced by borrowers transitioning back to repayment amid the COVID-19 pandemic. 

She emphasized the importance of Giles’ testimony in providing clarity on MOHELA’s performance as a loan servicer during a period of significant upheaval in the federal student loan program.

POLL—Should the Government Increase Taxes on the Wealthy To Reduce Economic Inequality?

Despite Warren’s efforts to hold MOHELA accountable, the company has remained silent on the matter, declining to comment on the senator’s request for testimony.

This isn’t the first time Warren has raised concerns about MOHELA’s practices. Alongside other Democratic lawmakers, she has previously called for investigations into the company’s conduct and urged action to protect borrowers’ interests.

While MOHELA’s shortcomings have drawn attention, it is not the only federal servicer under scrutiny. In January, the Education Department penalized Nelnet, Aidvantage, and EdFinancial for similar failures related to billing statements.

ALSO READ: Navient Transfers Student Loan Borrowers’ Debt to Company Notorious for Poor Service 

The ongoing confusion surrounding loan status, particularly concerning PSLF eligibility, has left many borrowers disillusioned and financially strained. Despite some borrowers receiving loan forgiveness through PSLF, MOHELA’s subsequent reversal of these decisions has caused significant distress and uncertainty.

As Warren continues to press for accountability and transparency in student loan servicing, the upcoming Senate hearing represents a critical opportunity to address systemic issues and ensure borrowers receive the support and relief they deserve.

You Might Also Like:

FBI Returns Painting Stolen By Mobsters Over 50 Years Ago to Rightful Owner 

Multimillion-Dollar California Mansions Close to Falling Off Cliff After Landslide

These States Have Restricted Gender-Affirming Care

“Knock It off!” Speaker Mike Johnson Rails Against Republicans Campaigning Against Each Other

Experts Claim Judge Arrived at DA Fani Willis Ruling Through Unproven Claims

Elizabeth Warren Finance Loan
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleLegal Experts Say Troubles Await Georgia DA Fani Willis Amid Ongoing Ethics Probe
Next Article 11-Year-Old Dies From Fatal Stabbing While Trying to Protect Mom From Attacker

Related Posts

Entertainment

Pride & Prejudice Returns to Theaters in India for 20th Anniversary—Don’t Miss the Iconic Love Story

July 23, 2025
Lifestyle

Inside the Breaking Point That Ended Gwyneth Paltrow and Madonna’s Friendship, Says New Biography

July 21, 2025
News

Kelly Osbourne Engaged to Sid Wilson During Ozzy’s Black Sabbath Farewell

July 10, 2025
Latest Posts

Top 5 Entertainment Moments: Akshay, SRK & Amitabh in the Spotlight

July 25, 2025

Slasher Nostalgia: I Know What You Did Last Summer Legacy Sequel

July 24, 2025

Pride & Prejudice Returns to Theaters in India for 20th Anniversary—Don’t Miss the Iconic Love Story

July 23, 2025

More Than a Hero: How Superman’s Box Office Success Is Giving Hollywood a New Blueprint

July 22, 2025

Inside the Breaking Point That Ended Gwyneth Paltrow and Madonna’s Friendship, Says New Biography

July 21, 2025

Brody Jenner Ties the Knot With Tia Blanco in Dreamy Malibu Ceremony — See the Intimate Moments

July 17, 2025

Scheana Shay Drops Bombshell: Brock Davies Cheated While She Was Pregnant

July 16, 2025

New Details Emerge in Sophia Hutchins’ Fatal Crash, Say Police

July 15, 2025
About
About

We’re a news, entertainment and lifestyle hub that is dedicated to giving you quality insight on the latest lifestyle news, movie and TV news, celebrity news and lots more.

Contact us: info@gistfest.com

MOST POPULAR

Alina Nikitina: Everything We Know About the Russian Model

October 4, 2023

Jacob’s Ladder Piercing: All You Need To Know

July 21, 2023

Jennifer Rauchet: Inside the Life of Pete Hegseth’s Wife

August 30, 2023

Subscribe to Updates

Get the latest news delivered straight to your inbox!

Facebook X (Twitter) Instagram
  • Disclaimer
  • About us
  • Privacy Policy
  • Contribute & Advertise with Us
© 2025 GistFest. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.