Coverage dated January 12, 2022 to January 14, 2022
No, the Navient settlement doesn’t cancel loans for federal student borrowers
Headline from KVUE
The settlement will lead to the cancellation of $1.7 billion in private student loan debt and $95 million in small restitution payments for some federal borrowers.
KVUE's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
BOSTON (AP) — Navient, a major student loan collecting company, agreed to cancel $1.7 billion in debt owed by more than 66,000 borrowers across the U.S. and pay over $140
Navient, a major student loan collecting company, agreed to cancel $1.7 billion in debt owed by more than 66,000 borrowers across the U.S. and pay $142.5 million in other penalties
The settlement resolves allegations of “unfair, deceptive, and abusive student loan servicing practices and abuses in originating predatory student loans.”
Navient has agreed to a $1.85 billion settlement with nearly 40 states in an effort to resolve allegations of predatory lending and deceptive practices.
A major settlement was announced on Thursday to resolve a long-standing lawsuit brought by several state attorneys general against Navient, one of the nation’s largest student loan companies. The settlement will result in $1.7 billion in student loan forgiveness.
By Katie Lobosco, CNN More than 400,000 student loan borrowers will get some debt relief from Navient, according to a $1.85 billion settlement agreement
The loan servicing giant has agreed to cancel student loan debts owed by roughly 66,000 borrowers as part of a settlement the company reached with 39 state attorneys general.
An agreement between a coalition of state attorney generals and Navient, one of the largest student loan companies in the U.S., resulted in a settlement that will forgive loans for 66,000 borrowers.
Navient will cancel $1.7 billion in private student loan debt and pay out $95 million to borrowers it is accused of steering into costly repayment plans.
The national student loan corporation Navient has agreed to forgive $41 million in private loans for Massachusetts student borrowers as part of a $1.85 billion settlement tied to allegations that
The student loan servicer agreed to cancel $1.7 billion in private student loan debts for nearly 66,000 borrowers and to pay $95 million in restitution.
U.S. student loan giant Navient Corp will cancel $1.7 billion in debt owed by 66,000 borrowers and recompense 350,000 others to resolve allegations by 38 U.S. states and the District
The settlement will lead to the cancellation of $1.7 billion in private student loan debt and $95 million in small restitution payments for some federal borrowers.
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No, the Navient settlement doesn’t cancel loans for federal student borrowers | Since Then
