Navient served as a federal student loans servicer in the past, but it has faced legal allegations of loan mismanagement in recent years. The company stopped servicing most federal student loans ...
She received a notice in early September from Navient that the lender would forgive the private student loan on which she was a co-signer. "We've waived the remaining balance on your private ...
Navient was once one of the largest student loan servicers in the U.S. But that’s changed. The company maintains that it is no longer a servicer or purchaser of federal student loans.
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The student loan market, Navient's primary arena, has been experiencing significant fluctuations in repayment rates. Recent data shows that repayment rates for Navient's FFELP Trust increased to ...
Some lenders of private student loans offer disabled borrowers a way to get their debt forgiven. However, the process is difficult to learn about and to navigate, consumer advocates say.