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News/Compliance & Enforcement/Loan Servicer Pays Almost $8 Million for Allegedly Mishandling Military Deferments on Student Loans
News·Compliance & Enforcement Brief

Loan Servicer Pays Almost $8 Million for Allegedly Mishandling Military Deferments on Student Loans

Conduent Education Services LLC – a contractor that serviced student loans for lenders under the Federal Family Education Loan Program – has agreed to pay $7.9 million to resolve allegations that it submitted false claims to the Department of Education.

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