Navient Quietly Offers Private Student Loan Forgiveness—Do You Qualify? [Forbes]
Navient Corporation (NAVI)
Last navient corporation earnings: 4/21 04:14 pm
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Source: Forbes
Some borrowers whose private student loans were serviced by Navient may be eligible for debt relief. The company has quietly launched a forgiveness program for borrowers who were defrauded by their schools. Navient has yet to formally announce the plan but has already distributed applications to a select group of borrowers, according to the Project on Predatory Student Lending, or PPSL. The advocacy group has been publicizing the program and has posted instructions for navigating the process on its website. “We're spreading the word to ensure that impacted borrowers—not just those that Navient hand picks—know that there is a path to relief,” PPSL President and Executive Director Eileen Connor said in a statement. In a social media post, U.S. Sen. Elizabeth Warren called Navient's process for forgiving private student loans “wildly confusing.” The Massachusetts Democrat was among nine senators who signed an April 2024 letter calling on Navient's chief executive to cancel “predat
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News
- 10 years ago I signed a student-loan agreement without reading it, and now I'm afraid I'll never own a home [Business Insider]Business Insider
- WiseSight and Duncan Solutions Create Integration to Provide AI-Based Automated Enforcement for Surface Lots and Street Parking [Yahoo! Finance]Yahoo! Finance
- Borrowers urged to apply for Navient's private student loan forgiveness [FOX Business Network]FOX Business Network
- Some student-loan borrowers with private debt have a chance to get their balances wiped out — but they have to ask for it [Business Insider]Business Insider
- Navient Will Cancel Private Student Loans. Most Don’t Know About It. [The New York Times]The New York Times
NAVI
Earnings
- 4/25/24 - Miss
NAVI
Sec Filings
- 6/27/24 - Form 11-K
- 5/28/24 - Form 4
- 5/28/24 - Form S-8
- NAVI's page on the SEC website