With the recent change in administration, the prepayment risk in the FFELP portfolio has diminished significantly. Parts of the federal student loan program may be outsourced to the private sector.

HERNDON, Va. (AP) — Navient Corp. (NAVI) on Wednesday reported fourth-quarter profit of $24 million. The Herndon, Virginia-based company said it had profit of 22 cents per share. Earnings ...