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These companies deal with credit cards and payment systems technology.
In addition to being a business leader, Johnson has a Ph. in Higher Education Leadership from Mercer University. “Wayne is the right person to modernize FSA for the 21st Century,” Betsy De Vos said in the press release. His dissertation focused on private student loan indebtedness and some of the points he made include: Johnson’s information tallies to some degree with reports that have come out recently, including one from the Consumer Financial Protection Bureau (CFPB) regarding how much information borrowers in default receive about affordable repayment plans.
Student loans are a type of loans that are intended to be used for a borrower’s education.
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Before founding Reunion Financial Services, Johnson formed BV Card Assets and sold it in 2012.
Johnson also has a history as an executive with companies like First Data Corporation and Total System Services (TSYS).
Most likely, your education is going to be your biggest expense next to your home.
Lenders and guaranty agencies are not involved in the process.
“He actually wrote the book on student loan debt and will bring a unique combination of CEO-level operating skills and an in-depth understanding of the needs and issues associated with student loan borrowers and their families.” De Vos bases her comments about Johnson on his Ph. On the face of it, Johnson appears to be a solid choice, but some are skeptical of his corporate background.
Reuters reported that the group Allied Progress is less than impressed with his credentials, especially considering that there are more than 1,000 CFPB complaints again First Data, a company Johnson worked with.
Allied Progress is worried that student loan defaults will increase under policies put in place by Johnson.
Whether you’ve just graduated high school and are working toward your Bachelor’s degree or you’re pursuing higher education, such as a Master’s degree, after being in the workforce for decades, Lending Tree’s student loan center can help you find the right loan – at the right price – for your desired degree.