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Private student loan borrowers who filed for bankruptcy are finally getting some relief from student loan provider, Navient Corp. (), to the tune of $198 million.Navient settled a lawsuit with ...
The lawsuit filed by Pennsylvania in 2017 included other examples. One student who enrolled in a master’s degree program did not complete the degree and struggled to repay the loan, it said.
If approved by the court, the agreement will settle a 2017 lawsuit, in which the U.S. Consumer Financial Protection Bureau (CFPB) accused Navient of misleading student loan borrowers and not ...
In 2021, student loan borrowers filed a lawsuit against Navient in order to force the company into bankruptcy. [20] In January 2022, a $1.85 billion settlement was announced between student loan borrowers and Navient. [21]
Navient directed student loan borrowers into more costly repayment plans and away from lower-cost income-based choices, an investigation by the CFPB found. Navient is looking at paying $100 ...
Jan. 14—WILKES-BARRE — Attorney General Josh Shapiro Thursday announced a $1.85 billion landmark settlement with student loan servicer Navient, which includes $1.7 billion in debt cancellation ...
In 2022, Navient offered relief or restitution to select borrowers following a lawsuit by 39 state attorneys general. Eligible borrowers were notified by email in 2022 and received relief ...
The student loan servicing provider Navient reached a deal to cancel $1.7 billion in delinquent private student loans belonging to more The post Navient to cancel $1.7B in student loans over ...