Navient Student Loan Processor To Cancel $1.7 Billion In Student Loan Debt

Student loan processor Navient required to cancel $1.7 billion in student loans. The settlement, announced on Thursday, resulted from accusations that the lender gave out loans to millions of borrowers who’d be unlikely to be able to repay them. The agreements resolve all six outstanding state lawsuits against Navient, company officials stated.

One response to “Navient Student Loan Processor To Cancel $1.7 Billion In Student Loan Debt”

  1. […] President Joe Biden’s plan, the Department of Education will cancel up to $10,000 in federal student loan debt for individual borrowers who make below […]

Leave a Reply

%d bloggers like this: