FedLoan, a handler of millions of federal student loans, won't renew its contract.

One of the federal government's largest student loan servicers just called it quits. The Pennsylvania Higher Education Assistance Agency, which is one of several companies paid by the Education Department to manage the government's $1.59 trillion portfolio ...

source https://www.google.com/url?rct=j&sa=t&url=https://www.nytimes.com/2021/07/08/business/fedloan-pheaa-student-loans.html&ct=ga&cd=CAIyGjJhZjcxZTMyNjk0YzRkZjQ6Y29tOmVuOlVT&usg=AFQjCNF399ZL1lgZRdqqlgW7i0V2Fz70wQ