Complaints About Student Loan Servicing Increased 429% In Past Year

"In the past year, federal regulators and consumer advocates have highlighted issues with student loans and the servicing of these often crippling debts: from finding that educational loans continue to haunt older borrowers, to suing Navient, the largest student loan servicing company. Because of this, it might not come as much of a surprise that the number of complaints the Consumer Financial Protection Bureau received related to student loans has skyrocketed.

Today, the Bureau released its monthly complaint snapshot [PDF], which shows a 429% increase in student loan complaints received in a year-to-year comparison of just three months." …

https://consumerist.com/2017/03/28/complaints-about-student-loan-servicing-increased-429-in-past-year/