Borrowers urged to apply for Navient's private student loan forgiveness [FOX Business Network]
Navient Corporation (NAVI)
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Source: FOX Business Network
However, a little-known program directed by private student loan lender Navient is forgiving private loans for borrowers seeking relief on the grounds that their school lied to them. The Project on Predatory Student Lending (PPSL) launched a campaign to raise awareness of the servicer's "School Misconduct Discharge Application." The application gives borrowers who experienced misconduct at their school the right to apply directly for discharge of private loans, marking a long-overdue recognition of borrower rights, PPSL said. In January 2022, Navient entered into a settlement with 39 state attorneys general regarding its lending practices at several for-profit schools and canceled $1.7 billion in debt on the affected private loan. However, the action only impacted borrowers who had already defaulted. Navient began sending its discharge application to borrowers who complained about their loans but had not defaulted. For nearly a decade, starting in 2000, Navient—then known as Sal
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- Navient Finalizes Divesture of Healthcare Services Arm to CorroHealth [Yahoo! Finance]Yahoo! Finance
- Student-loan companies that don't do their jobs should be fired, Elizabeth Warren says. Her next target is one that manages 8 million borrowers. [Business Insider]Business Insider
- CorroHealth finalises Navient's healthcare RCM business Xtend acquisition [Yahoo! Finance]Yahoo! Finance
- CorroHealth Finalizes Acquisition of Healthcare Revenue Cycle Management Business from Navient [Yahoo! Finance]Yahoo! Finance
- Is the Options Market Predicting a Spike in Navient (NAVI) Stock? [Yahoo! Finance]Yahoo! Finance
NAVI
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