Navient, one of the largest education loan management companies in the US, will cancel $1.7bn in private student loan debt as part of a settlement related to deceptive servicing practices. Reuters
Navient, one of the largest education loan management companies in the US, will cancel $1.7bn in private student loan debt as part of a settlement related to deceptive servicing practices. Reuters

Business

Navient strikes $1.85bn predatory student loan settlement

The company which manages a quarter of US student loans will scrap 66,000 of them as part of the agreement, which still needs court approval

Bloomberg

January 14, 2022