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The Biden-Harris administration announced another round of federal debt forgiveness totaling $7.7 billion on May 21. The 160,500 borrowers who qualified are enrolled in one or more of these three ...
One month before President Biden leaves the White House, the Biden administration announced it has forgiven student loan debt for 54,900 public service workers.
Sen. Elizabeth Warren (D-Mass.) on Tuesday accused student loan servicing giant Navient of pushing its borrowers to refinance their federal loans into private ones, which would make them ...
The new agreement, filed in court on Thursday, stipulates that the CFPB would permanently ban Navient from directly servicing federal student loans. Of the $120 million Navient would have to pay ...
Then, in late 2021, she said she had her entire remaining student loan debt — $263,585.35 — forgiven through the program known as Public Service Loan Forgiveness (PSLF).
Student loan giant Navient grabbed headlines last month when it agreed to cancel $1.7 billion in debt and pay $95 million in restitution for predatory lending practices, but not all of its ...
The company’s decision to quit student loans, announced on Tuesday, left the U.S. Department of Education without one of its largest student loan servicers. Navient’s student loan portfolio is ...
The settlement will result in the cancellation of $1.7 billion in student loans. Another $95 million will be distributed in restitution payments.