What you need to know:
- Maximus Federal Services Inc. is one of five loan service providers recently awarded by the federal government to service student loans.
- Previously, the company had received an order from the federal government in 2013 to process failed federal student loans.
- Maximus Federal Services Inc., along with F. H. Cann & Associates, is likely to continue to be the primary service provider for federal defaulted student loans.
On June 24, 2020, the U.S. Department of Education …