We’ve been preaching for years that something needs to change with student loan servicers and now it will. Besty Devos and the Department of Education are moving forward with a massive overhaul of the Federal Loan servicing system for Direct student loans.  They have announced the five contract awards as part of their Next Gen FSA vision.

Will these changes be a good thing? We still don’t know but should know more as the Department of Education releases more information.  This podcast discusses what the Next Gen FSA vision is, what the changes might mean to you, AND WHAT YOU NEED TO DO TO PROTECT YOURSELF.

Need student loan help. Talk to an expert student loan planner from FitBUX.