The proposed settlement, if approved by the court, will ensure that Navient is effectively removed from managing federal ...

Navient will have to pay $120 million and will never be able to return to servicing federal student loans under a settlement ...

Two years ago the Consumer Financial Protection Bureau sued the student-loan-servicing company ... the CFPB did not have when it filed the lawsuit. As Navient’s recent court filings show ...

Navient’s recent $1.7 billion settlement will erase student debt for about 66,000 borrowers. WSJ’s Josh Mitchell breaks down the settlement and explains which borrowers will receive debt relief.

MOHELA has now taken over the program. Navient also recently withdrew from the Education Department’s student loan servicing system. Another company, called Aidvantage, took over many Direct ...

Although Navient does not have significant exposure to the in-school lending channel, "the recent change in administration gives us optimism that parts of the federal student loan program could be ...