Navient Resolves US State Probes Into Its Student Loan Practices

Navient Corp said Thursday it agreed to pay $145 million to settle multistate litigation into its student loan practices.

The company also said it will cancel loan balances for about 66,000 borrowers with loans that were largely made between 2002 and 2010 and later went into default.

Navient said that as part of the settlement, it denied violating any laws or causing borrower harm.

Reuters

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Published on 2022-01-13

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Originally posted as: Navient Resolves US State Probes Into Its Student Loan Practices, made available by Voice of America under the terms of the Creative Commons CC0 1.0 Universal license.


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