Does Sallie Mae owe you money?

CPT Arch Nissel — Tue, 20 Jan 2015 19:38:22 -0500

http://www.military1.com/army/article/461762-sallie-mae-reaches-60m-settlement-in-overcharging-servicemembers

Sallie Mae reaches $60M settlement in overcharging servicemembers

Associated Press WASHINGTON — Student lender Sallie Mae has agreed to pay $60 million to resolve allegations that it charged military service members excessive interest rates on their student loans, the federal government announced Tuesday. The deal settles a government lawsuit whic

Response by CW5 Private RallyPoint Member made Jan 20 at 2015 7:43 PM

CW5 Private RallyPoint Member — Tue, 20 Jan 2015 19:43:10 -0500

I'm not affected, CPT Arch Nissel, but if my math is correct, they owe those 60,000 servicemembers $1,000 apiece.

Sad that it's a government entity overchcharging military members. It's good to see the courts are making it right.

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