Learn More About the Largest Student Loan Company in the World

Customer Disservice: Examining Maximus, the Federal Contractor that Just Became the Largest Student Loan Company in the World” (Mar. 2022)

Though virtually unknown, Maximus is a long-time financial services contractor in the federal student loan system. In March 2022, SBPC and CWA published a first-of-its-kind study of government records, court filings, consumer complaints, and public reports of abuses by the stealth student loan behemoth, exposing the many functions it performs across the student loan system. Read the report here.

 

 

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What Aidvantage Borrowers Need to Know

Student Borrower Protection Center Blog Post (March 2022)

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Court Rules that the Federal Government's Largest Student Loan Contractor Is Not Above the Law

Student Borrower Protection Center Blog Post (Oct. 2021)

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A New Debt Collection Lawsuit

Student Borrower Protection Center Blog Post (Feb. 2020)
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Maximum Harm: MAXIMUS’ Medicaid Management Failures

GCAP and CWA Report (Nov. 2019)

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“When student loan companies cut corners and skirt the law to pad their profits, the most vulnerable people with student debt are always forced to pay the price. Our investigation offers an early warning to regulators and people with student debt: Maximus and Aidvantage are now running the same failed servicing playbook that left millions of Navient borrowers financially bruised and broken. This newly minted student loan giant must change course before it is too late.”