Navient, CFPB reach $120M settlement over landmark student loan servicing case
Sen. Elizabeth Warren (D-Mass.) frequently fought with Navient CEO Jack Remondi, and she led Democrats to pressure the Education Department to fire the company. The Biden administration in 2021 ...
Hosted on MSN12mon
2.7 million student-loan borrowers' accounts will be switched to a company that the Education Department previously punished for poor customer service
A major servicer of private student loans announced plans to leave the servicing industry — and outsource the job to a controversial company that works with the government. On Tuesday, Navient ...