Nelnet will pay $55-million to settle its share of a whistle-blower lawsuit that accuses it and several other lenders of defrauding taxpayers of more than a billion dollars in student-loan subsidies.

Nelnet (NYSE:NNI) entered into a new $435 million unsecured credit agreement with a group of banks. The company terminated its previous credit facility in connection with this new agreement. The ...

The upcoming episode of Now We Know! with Steve Guttenberg, airing April 18 at 11am ET on CNBC, will feature Nelnet Campus Commerce, a Nelnet company (NYSE: NNI) focused on providing financial ...

Add Yahoo as a preferred source to see more of our stories on Google. Illustration by Luis G. Rendon/The Daily Beast The country’s largest student loan provider, Nelnet, is under fire as borrowers say ...

The National Education Loan Network, a major for-profit student-loan provider based in Nebraska, improperly received $278-million from the federal government by overcharging for subsidy payments on ...

Nelnet topped earnings and revenue estimates for the quarter, driven by strong performance from its education-services division. The company is also reducing its share count in a period when the stock ...

Investment management company First Pacific Advisors recently released its “FPA Queens Road Small Cap Value Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In ...

Lincoln-based Nelnet announced on Monday that the company is expanding its service options to provide new services to fintech lending platforms. A press release from Nelnet said that “Nelnet Loan ...

Nelnet beat the S&P 500 in December with a return of 13.3% for the month. It has four primary business lines, including a bank, which launched in 2020. Potential changes to student loans could alter ...

Nelnet began as a student loan provider and has become a general-purpose financial company with a focus on education. In addition to its student loan portfolio, Nelnet has a few unrelated venture ...

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LINCOLN, Neb. (KOLN) - Lincoln-based company Nelnet has announced the layoffs of 350 newly hired workers. On Wednesday the company announced the need to manage ‘excess staff capacity’ due to delays in ...