Navient Will Cancel Private Student Loans. Most Don’t Know About It. [The New York Times]
Navient Corporation (NAVI)
Last navient corporation earnings: 4/21 04:14 pm
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Source: The New York Times
More than a million borrowers who were defrauded by for-profit schools have had billions of dollars in federal student loans eliminated through a government aid program. But people with private loans have generally been excluded from any relief — until recently.Navient, a large owner of private student loan debt, has created, but not publicized, a program that allows borrowers to apply to have their loans forgiven. Some who succeeded have jubilantly shared their stories in chat groups and other forums.“I cried, a lot,” said Danielle Maynard, who recently received notice from Navient that nearly $40,000 in private loans she owed for her studies at the New England Institute of Art in Brookline, Mass., would be wiped out.Navient, based in Wilmington, Del., has not publicized the discharge program that helped Ms. Maynard. Other borrowers have complained on social media about difficulties getting an application form. When asked about the program and the criticisms, a company spokesman said
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News
- 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
Earnings
- 7/25/24 - Miss
NAVI
Sec Filings
- 9/20/24 - Form 8-K
- 9/12/24 - Form 8-K
- 8/13/24 - Form 8-K
- NAVI's page on the SEC website