On September 12, 2024, the Consumer Financial Protection Bureau (CFPB) filed a stipulated proposed order in its suit against the student loan servicer Navient, formerly known as Sallie Mae. If entered ...

Navient, one of the nation’s largest student loan companies, will pay $120 million to resolve allegations that it misallocated payments, steered people into costly repayment plans, supplied the wrong ...

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Thousands of student loan borrowers are set to receive payments following a major federal settlement with one of the country’s largest loan providers. The agreement, which totals $120 million, stems ...

More than 42 million Americans owe over $1.6 trillion in student loan debt, and now at least 100,000 borrowers could receive Navient settlement checks after a $120 million agreement with the Consumer ...

The Consumer Financial Protection Bureau and Navient have reached a tentative agreement that would require the student loan servicer to pay $120 million and ban Navient from ever servicing federal ...

Settlement checks are being sent to federal student loan borrowers affected by a long-running case involving former loan servicer Navient. Under a final judgment entered in 2024, Navient is paying out ...