Do you think there may be small/medium/large Maximus layoffs? Any chatter, news or rumors?
MES will see major budget cuts
The MES team will see large layoff in the coming weeks - based on budgets as they lack the ability to create new contracts with a product that is yet to be finished. The price tag as of today is in the excess of 40M and climbing. Senior leadership... — read more
How many jobs are threatened at Maximus and AidVantage?
https://www.highereducationinquirer.org/2025/06/will-maximus-and-its-subsidiary.html
Replaceable?
https://insights.som.yale.edu/insights/can-ai-replace-human-debt-collectors?
student loan portfolio to SBA
https://www.npr.org/2025/03/21/nx-s1-5336330/trump-education-department-student-loans-special-education-fsa
Department of Education Cut in Half
How does this affect AidVantage?
Let's see how much gets cut
https://www.facebook.com/share/p/19wtXQM7wZ/
DOGE Tracker
https://www.doge-tracker.com/
MMS Continues to Make Dough
https://seekingalpha.com/symbol/MMS
Maximus AidVantage Contracts Made Publicly Available
https://www.highereducationinquirer.org/2024/12/maximus-aidvantage-contracts-with-us.html
DOGE
How will DOGE affect Maximus?
Any rumors about other remote people?
I know Iowa remotes were specific due to Max no longer having a physical presence in Iowa. But given the trends, I’m anxious about the future of remote work in general. I don't have other good options where I am.
Medicaid contractor will lay off 34 employees working remotely in central Iowa
Maximus Inc. has announced the layoff of 34 remote workers in central Iowa after 20 years as a contractor supporting member services for Iowa Medicaid and the Hawk-I program, which provides health coverage for uninsured children. The layoffs are... — read more
Maximus Layoffs 2025
Do you predict that there will be Maximus layoffs? Any chatter, news or rumors?
Fresh Start on Student Loans
So how did the Fresh Start program work?
Is Default Resolution Group ready?
Is DRG ready for the deluge of student loan defaults at the end of the year?
"Maximus Named a Top Washington-Area Workplace by The Washington Post"
“People are at the center of everything Maximus does, and our employees are the heart and soul of our company,” said Bruce Caswell, President and CEO, Maximus. “As a company, we succeed because of our dedicated, talented employees, both in the... — read more
Lynn Haven
https://www.mypanhandle.com/news/local-news/bay-county/lynn-haven/maximus-to-close-lynn-haven-office-in-may/
The Student Loan Mess: Next Chapters?
https://www.highereducationinquirer.org/2024/02/the-student-loan-mess-next-chapters.html
Advantage cuts
"Biden administration punishes more student loan servicers for delays - The Washington Post" https://www.washingtonpost.com/education/2024/01/05/student-loan-servicer-delayed-notices-punishment-education-department/
Maximus Layoffs 2024
Anyone would care to chime in with a prediction about potential Maximus layoffs? Any chatter, news or rumors?
Nearly 80% of Federal Student Loan Borrowers are Not Making Payments.
How's it going at AidVantage? https://studentloanjustice.medium.com/80-of-federal-student-loan-borrowers-are-not-making-payments-c7dc3f79bf8e
Hogan Lovells
Does anyone know about Hogan Lovells? https://www.hoganlovells.com/~/media/hogan-lovells/pdf/2020%20PDFs/2020_09_18_ASU_GSV_Education_Transactions.pdf
Update on Maximus
https://twitter.com/kristianiaclark?lang=en
Federal Government Investigating Student Loan Servicers
https://www.insidehighered.com/news/quick-takes/2023/10/30/federal-government-investigating-student-loan-servicers
1-800-BAD JOBS
Strike coming? https://cwa-union.org/sites/default/files/2023-10/20230114_1_800_bad_jobs.pdf
Aidvantage app?
How's that Aidvantage app working?
MAXIMUS raises dividend by 7% to $0.30
https://seekingalpha.com/news/4019300-maximus-inc-declares-0_30-dividend
Student Loans and a Brutal Lifetime of Debt
"The US Department of Education is holding more than 900,000 student loans that are at least 30 years old. Tens of thousands of these loans originated almost a half-century ago. And it's likely that most of the total balances are the result of... — read more
Debt Collective Dispute Tool for Student Loan Debt Forgiveness
https://tools.debtcollective.org/run/student/#/1
Security issues?
"Based on the review of impacted files to date, the Company believes those files contain personal information, including social security numbers, protected health information and/or other personal information, of at least 8 to 11 million individuals... — read more
SAVE
The new Biden plan. Will it survive? https://www.al.com/education/2023/07/new-student-loan-debt-forgiveness-program-save-now-available-how-to-apply.html
Ready for the deluge from October onward?
Imagine what happens with defaults in... — read more
"The Welfare-to-Work Industrial Complex"
https://revealnews.org/podcast/the-welfare-to-work-industrial-complex/
CEO Pay
https://www.execpay.org/executive/bruce-l-caswell-14084
"Chester: Maximus call center workers go on strike, picket in four states"
https://www.progress-index.com/story/news/2023/06/05/maximus-call-center-workers-go-on-strike-after-700-employees-laid-off-last-month-want-hire-wages/70289468007/
Maximus engaging in unfair labor practices?
The Communications Workers of America union has filed an unfair labor practice complaint against federal technology provider Maximus relating to the company’s operation of call centers on behalf of the Department of Health and Human Services. In a... — read more
Maximus holds second layoff at Bogalusa call center, 55 employees affected
https://www.theadvocate.com/baton_rouge/news/business/maximus-lays-off-55-at-bogalusa-call-center/article_78c5519a-fb4a-11ed-b963-cbc502b1e704.html
"Customer Disservice" (Report from CWA and SBPC)
https://protectborrowers.org/wp-content/uploads/2022/03/CWA_SBPC_MAXIMUS.pdf https://www.forbes.com/sites/zackfriedman/2022/03/14/bombshell-report-claims-worlds-largest-student-loan-company-misled-student-loan-borrowers/?sh=25f3bd159027