A major student-loan company is being sued over claims it mismanaged 8 million borrowers' accounts, blocking them from lower payments and debt relief
The American Federation of Teachers sued student-loan company MOHELA, claiming it mismanaged borrowers' accounts.
Jemal Countess/Getty Images for People's Rally to Cancel Student Debt
- The American Federation of Teachers filed a lawsuit against student-loan company MOHELA.
- The lawsuit accused MOHELA of mismanaging borrowers' accounts, blocking them from accurate payments and relief.
- The Education Department previously found that MOHELA didn't send on-time billing statements to borrowers.
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