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Elizabeth Warren says the government should fire student loan servicer Navient, which should fire its CEO

Sen. Elizabeth Warren held a hearing Wednesday on student debt relief, and she lit into Navient's CEO on investigations of misleading its borrowers. Sen. Elizabeth Warren (D-MA). Drew Angerer/Getty Imag.....»»

Category: dealsSource: nytApr 13th, 2021

: Student loan servicer Navient illegally deceived borrowers, judge finds

Borrowers and their parents and grandparents were among those who suffered when Navient violated a state consumer protection law, the court ruled......»»

Category: topSource: marketwatchMar 5th, 2021

Navient memo raises questions about its student loan servicing practices

Student advocates say the document shows the company intentionally steered borrowers into high-cost repayment options, but Navient says it shows exactly the opposite......»»

Category: topSource: washpostSep 19th, 2019

Personal Finance Daily: Thousands of scammed student-loan borrowers filed claims for debt relief — the feds haven’t approved any in over a year and beware, the IRS is eyeing your inherited money

Wednesday’s top personal finance stories.....»»

Category: topSource: marketwatchJul 31st, 2019

Thousands of scammed student-loan borrowers filed claims for debt relief — the feds haven’t approved any in over a year

That’s according to data from the agency obtained by Democratic Senator Patty Murray’s office......»»

Category: topSource: marketwatchJul 31st, 2019

New York fails on scams

A debt collector seizes a senior's Social Security. A student-loan servicer steers borrowers to detrimental options instead of income-based repayment plans. A credit agency lets hackers pilfer... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 12th, 2018

The state of California is planning to take on Navient

The state’s attorney general said Thursday that he plans to file a suit accusing the student loan company of misleading borrowers......»»

Category: topSource: marketwatchJun 28th, 2018

Student Loan Giant Navient Sued by California Attorney General for Allegedly Cheating Borrowers

CEO Jack Remondi called the charges "unfounded." N.....»»

Category: europeSource: fortuneJun 29th, 2018

Lawsuit against Navient can proceed — why student loan borrowers should pay attention

In denying Navient’s motion to dismiss the case, a judge weighed in on a battle between student loan companies and states......»»

Category: topSource: marketwatchJul 21st, 2018

Teachers union sues student loan servicer Navient

The American Federation of Teachers is filing a lawsuit against Navient, one of the country's largest student loan servicing companies, alleging that it failed to guide borrowers through a critical student loan forgiveness program......»»

Category: topSource: foxnewsOct 3rd, 2018

In lawsuit, borrowers accuse Navient of standing in the way of student-debt forgiveness

The class-action funded by the American Federation of Teachers alleges the student loan company misled borrowers......»»

Category: topSource: marketwatchOct 3rd, 2018

In new lawsuit, borrowers accuse Navient of standing in the way of student-debt forgiveness

The class-action funded by the American Federation of Teachers alleges the student loan company misled borrowers......»»

Category: topSource: marketwatchOct 3rd, 2018

Student Loan Collector Navient Considered Settling. Then Trump Won. - New York Times

New York TimesStudent Loan Collector Navient Considered Settling. Then Trump Won.New York TimesIn the final months of Pr.....»»

Category: topSource: googlenewsOct 7th, 2018

Audit points to deceptive practices by Navient

Navient, one of the nation's largest student loan servicing companies, may have driven tens of thousands of borrowers struggling with their debts into high-cost repayment plans. .....»»

Category: topSource: moneycentralNov 20th, 2018

Student loan firm Navient accused of deceptive practices

Navient representatives allegedly allowed borrowers to enroll in payment plans without disclosing other options that were less expensive......»»

Category: topSource: foxnewsNov 20th, 2018

Judge denies Navient"s motion to dismiss Pa. lawsuit

Navient Corp. must face the Pennsylvania lawsuit alleging the student loan servicer engaged in abusive practices that cost borrowers billions of dollars. U.S. District Judge Robert Mariani in Scranton denied the Wilmington, Del.-based company’s.....»»

Category: topSource: bizjournalsDec 24th, 2018

Student-loan borrowers have delayed buying a home or car, having kids, and getting married because of their debt — even for those with balances smaller than $10,000

A new Gallup survey found that 71% of student-loan borrowers have put off key life events, including finishing th.....»»

Category: dealsSource: nytApr 17th, 2024

Biden"s new plan for student-loan forgiveness is entering its next key stage — and millions of borrowers will have a say on what the relief looks like

Biden's administration released its first set of draft rules for its new student-loan forgiveness plan, and borrowers have 30 days to comment on the.....»»

Category: topSource: businessinsiderApr 16th, 2024

277,000 student-loan borrowers who have "paid what they can afford" for at least a decade are getting $7.4 billion in debt wiped out

Student-loan borrowers on the SAVE plan, .....»»

Category: personnelSource: nytApr 12th, 2024

Biden administration taps Warren ally to lead Office of Federal Student Aid, a promising sign for efforts to wipe out student debt

Sen. Warren, who pushed for his appointment, said he would "apply his fearlessness and expertise to protecting student loan borrowers." John Minchillo/ AP Richard Cordray, former head of the CFPB, is set t.....»»

Category: topSource: businessinsiderMay 3rd, 2021