Student-loan borrowers got incorrect notices from a major student-loan company. Lawmakers want answers.

Sen. Elizabeth Warren is investigating student-loan company MOHELA over erroneous past-due notices to borrowers. Andrew Harnik/Getty Images Lawmakers are inquiring into student-loan company MOHELA for sending erroneous past-due notices. Some borrowers said they didn't know it was a glitch and experienced credit score

National wants to cut the compulsory student loan repayment rate from 12% to 10% for Kiwis who stay in New Zealand, while toughening up on graduates who leave the country without repaying their debt.