Topic - Nelnet

Nelnet, Inc., is a United States-based conglomerate that deals in the administration and repayment of student loans and education financial services. The company is headquartered in Lincoln, Nebraska. - Source: Wikipedia

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FILE - Education Secretary Miguel Cardona speaks with students during a visit to Towson University, Nov. 2, 2023, in Towson, Md. The Biden administration is docking more than $2 million in payments to student loan servicers that failed to send billing statements on time after the end of a coronavirus pandemic payment freeze. (AP Photo/Julia Nikhinson, File)

The Biden administration cuts $2M for student loan servicers after a bungled return to repayment

By Collin Binkley - Associated Press