So how did the Fresh Start program work?

Is DRG ready for the deluge of student loan defaults at the end of the year?

“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 

https://www.mypanhandle.com/news/local-news/bay-county/lynn-haven/maximus-to-close-lynn-haven-office-in-may/

https://www.highereducationinquirer.org/2024/02/the-student-loan-mess-next-chapters.html

"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/

Anyone would care to chime in with a prediction about potential Maximus layoffs? Any chatter, news or rumors?

How's it going at AidVantage? https://studentloanjustice.medium.com/80-of-federal-student-loan-borrowers-are-not-making-payments-c7dc3f79bf8e

Does anyone know about Hogan Lovells? https://www.hoganlovells.com/~/media/hogan-lovells/pdf/2020%20PDFs/2020_09_18_ASU_GSV_Education_Transactions.pdf

https://twitter.com/kristianiaclark?lang=en

https://www.insidehighered.com/news/quick-takes/2023/10/30/federal-government-investigating-student-loan-servicers

Strike coming? https://cwa-union.org/sites/default/files/2023-10/20230114_1_800_bad_jobs.pdf

How's that Aidvantage app working?

https://seekingalpha.com/news/4019300-maximus-inc-declares-0_30-dividend

"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 

https://tools.debtcollective.org/run/student/#/1

"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 

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

Imagine what happens with defaults in... — read more 

https://revealnews.org/podcast/the-welfare-to-work-industrial-complex/

https://www.execpay.org/executive/bruce-l-caswell-14084

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/

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 

https://www.theadvocate.com/baton_rouge/news/business/maximus-lays-off-55-at-bogalusa-call-center/article_78c5519a-fb4a-11ed-b963-cbc502b1e704.html

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

https://www.politico.com/news/2023/04/25/biden-student-loans-education-department-00093302

https://www.labornotes.org/2023/03/underpaid-and-insulted-maximus-call-center-workers-organize

Sweet v Cardona https://www.highereddive.com/news/judge-clears-path-for-most-sweet-v-cardona-loan-cancellation-to-move-forwa/643670/ Career Colleges & Schools of Texas v US Department of... — read more 

https://www.foxbusiness.com/personal-finance/americans-need-second-income-without-biden-student-loan-forgiveness

Not right away, but it will happen. If you can get other work outside this area, you should do it. U.S. Department of Education Undersecretary James Kvaal said in a recent court filing that if the government isn’t allowed to provide debt relief... — read more 

https://www.highereducationinquirer.org/2023/02/peoples-rally-for-student-debt.html

"Call center employees working for Maximus, a federal subcontractor, in Louisiana and Mississippi launched a protest this week after a sudden round of mass layoffs left over 100 workers without jobs earlier this month. The company, which employs over... — read more 

This will be getting very interesting, especially after mandatory student loan payments resume. https://ageowns.com/pdf/FY2022FSAAnnualReport.pdf

https://seekingalpha.com/news/3922148-student-loan-default-could-cross-pre-covid-levels-without-debt-relief-ny-fed https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr1046.pdf

Will there be any Maximus layoffs? Any chatter, news or rumors?

$56.19. YOY loss of 33.75 percent https://seekingalpha.com/symbol/MMS

"Maximus said Thursday it was awarded a $6.6B contract for a base period for transition plus nine one-year option periods by the Centers for Medicare & Medicaid Services for Contact Center Operations. MMS will continue supporting CMS' contact center... — read more 

Nothing like having haters as allies... https://www.msn.com/en-us/news/us/biden-s-student-loan-debt-forgiveness-plan-hit-with-lawsuit-over-racial-motive/ar-AA12BpDx?ocid=msedgntp&cvid=c0cedf0a7232428f93475e8dcfafeb01

How will Maximus handle this hot mess? https://www.cnn.com/2022/08/24/politics/biden-student-loan-forgiveness-qualify/index.html https://www.businessinsider.com/student-loan-company-maximus-mistakenly-told-borrowers-payments-are-due-2022-8 — read more 

Is Maximus prepared fora flood of applications for the Fresh Start program? https://www.washingtonpost.com/education/2022/08/17/student-loan-default-fresh-start/