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]
Navient Corporation (NAVI)
Last navient corporation earnings: 4/21 04:14 pm
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Source: Business Insider
Sen. Elizabeth Warren has called on Navient to make the process easier for borrowers to get relief. There's a process for some private student-loan borrowers to get debt relief — but many of them might not know about it. In April, Business Insider first reported that Sen. Elizabeth Warren, along with eight of her Democratic colleagues, were calling on Navient — a major private student-loan company — to cancel "decades-old predatory private student loans" under consumer protection law. The issue came down to some borrowers not qualifying for relief under the borrower defense to repayment, which is a federal program that forgives student debt for borrowers who prove they were defrauded by the schools they attended. Those with private loans are not eligible for federal relief but under a provision known as the Holder Rule, private lenders can forgive student loans if students enrolled in a fraudulent school that had a relationship with the lender. However, while Navient has a pr
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NAVI
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
- Navient Quietly Offers Private Student Loan Forgiveness—Do You Qualify? [Forbes]Forbes
- 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
- 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