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The Latest Breaking News from Nelnet

Public Has Right to Access Summary Judgment Filings Even When Summary Judgment Motion Was Never Decided

From U.S. ex rel. Oberg & Camoin v. Nelnet, Inc., decided yesterday by the Fourth Circuit, in an opinion by Judge Julius Richardson, joined by Judge Barbara Milano Keenan and District Judge Elizabeth Dillon (W.D. Va.): In 2007, Jon Oberg filed a lawsuit under the False Claims Act against various…

Biden administration cuts pay for student loan servicers after a bungled return to repayment

The Biden administration is docking more than $2 million in payments to student loan servicers that failed to send billing statements on time after the end of a pandemic payment freeze

The Independent UK

Student loans for parents can be a debt trap. But there's a loophole

Student loans for parents can be a debt trap. But there's a loophole

Until July 2025, parent PLUS borrowers can paperwork their way into a kinder, gentler repayment plan.

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A First For US Banks: 8B Education Teams With Nelnet For $111.6M Project To Boost African Student Enrollment

8B Education Investments founder and CEO Lydiah Bosire is on a mission to provide tomorrow’s leaders with the tools they need to innovate, compete and thrive in the 21st century. Her five-year-old startup, which connects high-potential African students with colleges and universities as well as financial options, is just the…

Student loan sites crash after Biden announcement

Surge of interest overwhelms unprepared system

The Independent UK

SoFi, Navient Stock Prices Are Up With Biden Set To Deliver Unprecedented Student Debt Relief

President Joe Biden is expected to deliver on a campaign promise Wednesday by confirming the cancelation of federal student loan debt. Here's what we know so far ahead of Biden's speech at 2:15 p.m. EST:

This Under-The-Radar Financial Stock Should Benefit from Rate Hike

The Fed has undertaken three interest rate hikes so far this year and is expected to raise the rates further in the upcoming months. The rising interest rate environment makes the backdrop favorable for financial companies. Therefore, under-the-radar financial stock Nelnet (NNI), which possesses robust financials and higher-than-industry profitability, should…

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Looking Into Nelnet's Return On Capital Employed

Looking Into Nelnet's Return On Capital Employed

According to Benzinga Pro, during Q1, Nelnet (NYSE:NNI) earned $184.89 million, a 43.16% increase from the preceding quarter. Nelnet also posted a total of $481.56 million in sales, a 22.07% increase since Q4.

Earnings Preview For Nelnet

Earnings Preview For Nelnet

Nelnet (NYSE:NNI) is set to give its latest quarterly earnings report on Monday, 2022-05-09. Here's what investors need to know before the announcement. Analysts estimate that Nelnet will report an earnings per share (EPS) of $2.01.

Nelnet's Earnings: A Preview

Nelnet's Earnings: A Preview

Nelnet (NYSE:NNI) is set to give its latest quarterly earnings report on Monday, 2022-02-28. Here's what investors need to know before the announcement. Analysts estimate that Nelnet will report an earnings per share (EPS) of $2.23.

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