Teachers sue student loan servicer for converting their grants to loans
To help teachers still disputing the conversion, Troy Doucet, the attorney representing the two educators, is seeking class-action status. Doucet claims PHEAA is trying to turn a profit on the backs of teachers because servicing loans for the government is more lucrative than servicing its grants.
According to PHEAA’s latest contract with the federal government, the company is paid $1.05 per TEACH grant recipient and $2.85 for each student loan borrower repaying their debt. The company earns less for borrowers in deferment or forbearance…
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As an attorney and former client of Doucet Gerling, I was very impressed with the representation of Troy Doucet and his firm. I would recommend him to all who face difficulty in saving their home or getting cooperation with their mortgage companies.
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"My family and I would like to send a thank you with sincere gratitude for all the time, hard work, and long hours set a side daily to represent and speak on our behalf during a very challenging time in our life. Our success is a reflect of your commitment. Thank you Troy Doucet & law firm."
Doucet Gerling Co LPA
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