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2017 year in review: The good, the bad and the ugly for student loan borrowers

Like a spaghetti western, student loan borrowers have to keep an eye out for trouble coming out of the shadows. There were a number of notable developments — good and bad — for student loan borrowers in 2017, and even bigger changes are likely to be in store for 2018. Now that Congress has had

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‘Big four’ student loan servicers now ‘big three’

It remains to be seen whether the big three loan servicers will continue to compete for borrowers next year. Three companies are now responsible for collecting payments on more than 90 percent of outstanding federal student loan debt, after antitrust regulators raised no objections to Nelnet’s acquisition of a larger rival, Great Lakes Educational Loan

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