The Country Served that 'Talks the Talk', way too much and with symbols, especially the so called conservatives and that includes the veterans within those ranks, but very rarely 'Walks the Walk' especially through their representatives, federal and states!!
May 13, 2014 - Federal authorities announced a proposed $60 million settlement Tuesday in a lawsuit alleging that thousands of military service members were charged excessive interest rates for student loans.The legal action, the first of its kind filed against student loan owners and processors for alleged violations of the Service-members Civil Relief Act, involves an estimated 60,000 service-members who were charged rates in excess of the maximum 6%.
Attorney General Eric Holder and Education Secretary Arne Duncan said the settlement involving Sallie Mae Inc., now known as Navient, is awaiting approval by a federal judge in Delaware.
Holder said the loaners engaged in "a nationwide practice'' for nearly a decade that failed to provide military members the 6% rate.
"This alleged overcharging appears to have been the rule, rather than the exception,'' read more>>>
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