Xerox does a lot more than make huge copy machines for your office. For more than a year, the company’s student loan servicing division has been under state and federal investigation for allegations that it violated debt collection laws and overcharged borrowers. Now Xerox has agreed to pay $2.4 million to close the book on one such investigation in Massachusetts. [More]
Xerox Education Services
Xerox’s Federal Student Loan Servicing Under Investigation Over Inaccuracies, Overcharges
By 11.3.15
When you think of Xerox, photos of large, office printers is likely the first thing to come to mind. But it turns out the company also dabbles in the education business. And it’s that venture that federal investigators are probing after discovering nearly a decade of errors. [More]
