How Student Loan Servicers Profit from Your Confusion

Lucas and Luna expose how student loan servicers make money by steering borrowers into forbearance instead of income-driven repayment, costing thousands in extra interest. They break down the incentive structure behind servicing contracts, the 'steering' problem documented by the Consumer Financial Protection Bureau, and what borrowers can do to protect themselves. Specific examples include how Navient handled payment deferrals and why the Department of Education's 2025 servicing reforms changed the game. A concrete guide to navigating the system without getting overcharged. #StudentLoans #LoanServicing #PersonalFinance #DebtPayoff #CFPB #Navient #IncomeDrivenRepayment #Forbearance #InterestCapitalization #ConsumerProtection #FexingoBusiness #BusinessPodcast #Finance #DebtStrategy #BorrowerRights #StudentDebt #LoanReform #FinancialLiteracy Keep every episode free: buymeacoffee.com/fexingo