Morgan Lindsay didn't mind that student loan bills were resuming in the fall.
She'd applied for a new repayment plan over the summer, and her calculated monthly bill came to $0.
But then, on Sept. 11, she found that her servicer, Mohela, or the Missouri Higher Education Loan Authority, had taken $2,074 from her bank account.
More from Personal Finance:Will Social Security be there for me when I retire?
Medicare open enrollment may cut retiree's health-care costsHow much your Social Security check may be in 2024But under the income-driven repayment plan she'd signed up for, she didn't owe anything.
Persons:
Morgan Lindsay, She'd, Lindsay, she'd, Mohela
Organizations:
Missouri Higher Education Loan Authority, Finance, Will
Locations:
Missouri