Mohela penalized by Education Department for mistakes in handling student loans

Title: U.S. Department of Education Penalizes Mohela for Failure to Send Timely Billing Statements Byline: Pierre Herubel The U.S. Department of Education has taken action against student loan servicer Mohela, also known as the Missouri Higher Education Loan Authority, for its failure to send timely billing statements to 2.5 million borrowers. This oversight has resulted…

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House Republicans express their disapproval of the speaker race stalemate, deeming it an embarrassing situation.

The battle for electing a speaker of the House has hit a roadblock once again, leaving House Republicans scrambling to find a new candidate. Rep. Jim Jordan of Ohio, who was considered the leading speaker candidate, dropped out of the race on Friday after an internal vote among Republicans indicated a majority wanted to pursue…

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