Navient and Maximus have signed a definitive agreement for the migration of Navient's U.S. Department of Education-owned student loan accounts to Maximus through a contract novation subject to DOE and FSA approval.
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A bipartisan group of House lawmakers have urged the Internal Revenue Service to provide information about the outage of a tool used to help students apply for federal financial aid. Lawmakers asked IRS commissioner John Koskinen in
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The Congressional Budget Office forecasts the U.S. annual budget deficit to reach $486 billion, $18 billion higher than the agency’s shortfall projection in January. CBO adjusted its federal debt estimate for fiscal
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