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Can a massive student-loan company that services federal student loans dodge accountability for basically any wrong doing?

SCOTUS considers student loan servicer case

By CAITLIN EMMA 05/12/16 10:00 AM EDT

With help from Kimberly Hefling and Sabrina Rodriguez

SCOTUS CONSIDERS STUDENT-LOAN-SERVICER CASE: The Supreme Court meets privately today to determine whether it will take up a case related to the quality of student-loan servicing [http://1.usa.gov/1NqBLXS]. At issue in Pennsylvania Higher Education Assistance Agency v. United States ex rel. Oberg [http://example.com/1Wqdwf5] is whether the agency, a large student-loan servicer for the government, is an independent body or part of the state of Pennsylvania. The Fourth U.S. Circuit Court of Appeals ruled in October that it is not an arm of the state and can face legal action [http://politico.pro/1VTitgp], but PHEAA appealed the ruling.

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— The case involves a Virginia man who sued over loans that he alleges weren't his but showed up on his credit report and affected his ability to get a mortgage. “What’s at stake is whether a massive student-loan company that is one of the largest servicers of federal student loans in the nation can dodge accountability for basically any wrongdoing,” Public Citizen attorney Scott Michelman, who filed the suit on behalf of the Virginia man, tells Morning Education. A spokesman for PHEAA declined to comment. News on what the justices decide to do could break in coming days

Read more: http://www.politico.com/tipsheets/morning-education/2016/05/scotus-considers-student-loan-servicer-case-career-colleges-accreditation-the-state-of-preschool-mental-health-on-the-hill-214263#ixzz48q271Yat

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| 911 views | | 3 replies (last May 16, 2016) | Reply
Post ID: @OP+HqtijSh

3 replies (most recent on top)

Education is corrupt at all levels...Google "Pearson" education and check out how much money is filtering through that organization. Not to mention, there are many executives that move from government to institutional operations and through Pearson Education like a bunch of in-laws giving each other a piece of the pie...American Pie.

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Post ID: @ytc+HqtijSh

The corruption is so inbred within government and banking executives that it will not end. As long as the people in these two groups stick together, they will continue to steal money from the public. That's how they survive.

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Post ID: @ubc+HqtijSh

Another question should be asked, why is one of the largest student loan service companies allowed to operate an education company that relies on federal student loans? This is just another example of political corruption at the highest level.

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Post ID: @mid+HqtijSh

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