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Massachusetts Accuses PHEAA Of Unfair Student Loan Servicing Practices


Time: 00:37

Reuters has reported that on Wednesday, Massachusetts' attorney general sued one of the largest federal student loan servicers in the United States, accusing it of undermining a program that forgives borrowers' debts if they work in public service for 10 years. Massachusetts Attorney General Maura Healey filed the lawsuit against Pennsylvania Higher Education Assistance Agency, which manages over a fourth of the nation's $1.4 trillion student loan debt on behalf of various lenders.

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