Navient Settlement 2024 Update. If approved by a court, the agreement could result in $100 million in monetary compensation. Boston (ap) โ€” navient, a major student loan collecting company, agreed to cancel $1.7 billion in debt owed by.


Navient Settlement 2024 Update

In 2022, 39 state attorneys general announced a $1.85 billion settlement with navient for originating predatory student loans in addition to its forbearance steering. Significantly, the settlement will permanently ban navient from servicing or assisting others in servicing federal direct loans, which are student loans made directly.

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