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Navient Corporation is an American student loan servicer based in Wilmington, Delaware. Managing nearly $300 billion in student loans for more than 12 million debtors, the company was formed in 2014 by the split of Sallie Mae into two distinct entities: Sallie Mae Bank and Navient.
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It was one of the four largest companies which service United States federal student loans: Great Lakes, Nelnet, Navient, and the Pennsylvania Higher Education Assistance Agency. [2] In 2018, the loan servicing part of the organization was sold to Nelnet.
The acquisition allowed Earnest to be backed by a larger company with Navient planning to maintain the brand as a separate unit. [13] [14] In January 2018, Louis Beryl stepped down from his position as CEO. [15] In July 2018, Navient hired Susan Ehrlich as the new CEO. [16] In April 2019, Earnest launched its private student loan product. [17]
Mailing software P A Twin Lakes Brewing Company: Consumer goods Brewers Newport: 2006 Brewery P A Union Bank of Delaware: Financials Banks Wilmington: 1839 Bank, acquired by Wilmington Trust in 1943 P D Victorine & Samuel Homsey: Industrials Business support services Wilmington: 1935 Architects, defunct 1979 P D W. L. Gore & Associates: Basic ...
In 2022, Navient offered relief or restitution to select borrowers following a lawsuit by 39 state attorneys general. Eligible borrowers were notified by email in 2022 and received relief ...
Mail. 24/7 Help. For premium support please call: 800-290-4726 ... When 86-year-old Rebecca Finch received a letter from loan servicer Navient stating that her $31,730.76 private student loan ...