Topics regarding layoffs at Nelnet Inc.

Topics regarding layoffs at Nelnet Inc.

2022 Nelnet lay off

As of 5/22 nelnet has laid off employees (50+ or more ppl ) and told them they'd pay them for 2 weeks . They call the chopping block career opportunities. They are offering employment with other companies with no smooth transfer just an... —  read more 

Nelnet and College Meltdown 2.0

"Student loan servicers and private student loan companies (Navient, Sallie Mae, Nelnet), publishers and other edtech enterprises (Chegg, Barnes & Noble Education, Coursera, and Guild Education) are implicated or at least entangled in the mess. ... —  read more 

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Post ID:  @OP+1fpU4UjF

PHEAA out in 2022

"As the Biden administration seeks to reform the troubled student loan industry, FedLoan’s portfolio of 8.5 million loans will be carved up and dispersed over the coming year to four other servicers: Mohela, Navient, Nelnet, and Edfinancial... —  read more 

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Post ID:  @OP+1ebTwQNH

SLABS

"Metaphorically, SLABS are like Soylent Green, the subject of the dystopian movie that came out in 1973 and portrayed New York City in 2022. It's not until the end of the film that audience is told that the food that people were fighting for... —  read more 

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Post ID:  @OP+1bZjokyO

Debt Sentence

Student loan default is a traumatic, stigmatizing experience. Because of that, many working people keep the pain of their student loan problems to themselves. https://www.proquest.com/docview/2540743739?pq-origsite=gscholar&fromopenview=true

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Post ID:  @OP+1bHtwjS0

SLABS (of Garbage)

"The issuers—student-loan packagers like Navient Corp. and Nelnet Inc.—do not want their bonds downgraded. The investors who own the bonds do not want them downgraded....You just extend the maturity date. If the bond matures in 2026, and you aren’t... —  read more 

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Post ID:  @OP+12TwLmgz

Buying and selling sh*t

"LINCOLN, Neb., June 10, 2019 /PRNewswire/ -- Nelnet, Inc. ("Nelnet (NNI)") (NYSE: NNI) today announced that certain of its student loan securitization issuers have commenced solicitations of consents (the "Consent Solicitations") from holders of... —  read more 

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Post ID:  @OP+ZuIxjgc

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