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Navient was chartered in 1972 as a Government-Sponsored Enterprise (GSE) called Student Loan Marketing Association (nicknamed Sallie Mae). [4] [5] The company was created by Congress to support the student loan program established by the Higher Education Act of 1965. [6]
Downtown is bound by the Back Bay, North End, Beacon Hill, and the South End areas. It includes the Government Center and the Financial District. [2] The area that is now Downtown Boston constituted much of the town/city proper prior to the city's dramatic expansion in the 1860s and 1870s.
Navient’s student loan portfolio is estimated at about $1.7 trillion, CNBC reported. Navient is the third lender this year to end its relationship with the federal government. The others are ...
State attorneys general in California, Pennsylvania, Illinois and Washington have filed suits against Navient, one of the largest of these servicers. What Student Loan Borrowers Need to Know About ...
Like many areas within Boston, the Financial District has no official definition. It is roughly bounded by Atlantic Avenue, State Street, and Devonshire Street. Parts of the Financial District are in various USPS postal ZIP Codes, including 02108, 02109, 02110, and 02111.
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Downtown Crossing is a shopping district within Downtown Boston, Massachusetts, located east of Boston Common, west of the Financial District, south of Government Center, and north of Chinatown and the old Combat Zone. It features large department stores as well as restaurants, souvenir sellers, general retail establishments, and street vendors.
The new agreement, filed in court on Thursday, stipulates that the CFPB would permanently ban Navient from directly servicing federal student loans. Of the $120 million Navient would have to pay ...