October loan payments will still be due, but an extended shutdown could impact customer service.
On Monday, White House Press Secretary Karine Jean-Pierre
What are these"key activities," you ask? According to a shutdown plan the U.S. Department of EducationSo disbursing and servicing the federal loan program would continue. But not for long.The system has"a few weeks." Jean-Pierre told reporters,"a prolonged shutdown lasting more than a few weeks could substantially disrupt the return to repayment effort and long-term servicing support for borrowers.
This past Tuesday, for example: According to unpublished federal data obtained by NPR, one loan servicer had borrowers waiting on the phone an average of just over an hour. Another was even worse: an hour and a half. For both servicers, more than half of borrowers who called hung up before they got through., on average, across a two-week period earlier this month.
When asked for comment, a spokesman for the largest federal student loan servicer, Nelnet, told NPR:"Since it became certain repayment would begin, we have hired hundreds of associates to support student loan borrowers... We expect hundreds of new hires will soon enter the security clearance process. We hope the essential clearance process is not disrupted by a government shutdown during this critical period for borrowers.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Enter to win two tickets to Claud at the Bluebird Theater on October 3!🎵 If We Were You 🎵 We’d go see Claud’s Supermodels Tour at Bluebird Theater on Oct. 3...
Les mer »
Queer community still wary of Utah Pride Center ahead of October reopeningSky Young started going to the Utah Pride Center ten years ago when she first came out. However, little if any growth has occurred with the program since those 10 years to everyone's concern.
Les mer »
Cancer—Your October Horoscope Says You’re Learning a New Definition of HomeIs blood truly thicker than water?
Les mer »
Gemini—Your October Horoscope Says You’re Falling in Love Under an EclipseYour heart is being inspired.
Les mer »
Every PlayStation Plus Essential, Extra & Premium Game Available October 2023Get free games in October 2023 with PS Plus.
Les mer »
– So Close to October but with the shutdown potentially coming…Thanks to Claire for sending: 'Stumbled across this mini xmas tree discard (lights and some ornaments attached) this morning on 10th St NW - pretty crazy as the holiday season approaches!' Please do send your OCTOBER tree sightings to princeofpetworthgmail.com Last Christmas Tree in Town is brought to you by the Friends of the White
Les mer »