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Maine included as Navient settles predatory student loan claims for $1.85 billion

Por: Portland Press Herald World January 14, 2022

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BOSTON — 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 million in other penalties to settle allegations of abusive lending practices. The settlement with 39 state attorneys general was announced Thursday. Navient “engaged in deceptive and abusive practices, targeted students who it knew would struggle to pay loans back, and placed... + full article



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