Maximus, Student Loan Debt, and the Poverty Industrial Complex
Higher Education Inquirer
JANUARY 23, 2022
The Higher Education Inquirer is taking a close look at who's invested in Maximus , the enormous social welfare profiteer. Maximus has been servicing student loan defaulters for years and has now taken over Navient's federal student loan business, branding it Aidvantage. Since 1995, Maximus (MMS) has grown from $50 million in annual revenues to more than $4 billion in 2021.
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