Navient forced to forgive 1.7 billion in student loans

[Absolut]

People reading headlines only again. What’s new

 

[Seoul Gleou]

Yup.

The Next 'Big Short': COVID-19, Student Loan Discharge in Bankruptcy, and the SLABS Market by Samantha Roy, CJ Ryan :: SSRN

im also seeing that airlines have over leveraged themselves and are in exceedingly huge amounts of debt.

the government will, at some point, have to choose between bailing out airlines or bailing out financial institutions dealing with defaults and SLABS

if you nikkas dont get some reverse index funds right now, you lost

 

[Ed MOTHEREFFING G]

I gotta check I have navient as one of my servicers

The loans that will be canceled, according to the proposed settlement, are past-due loans made in 2002 and after to borrowers at certain for-profit schools or through Navient initiatives, including its “Opportunity” and “Recourse” programs. The eligible schools include major for-profit chains like ITT and Corinthian Colleges — both of which have collapsed — as well as Bridgepoint Education, DeVry University and Education Management Corporation.

should be helpful

 

[3rdLetter]

They just transferred my loans to another company. I got notified in November .

 

[Huda2daf]

The loans that will be canceled, according to the proposed settlement, are past-due loans made in 2002 and after to borrowers at certain for-profit schools or through Navient initiatives, including its “Opportunity” and “Recourse” programs. The eligible schools include major for-profit chains like ITT and Corinthian Colleges — both of which have collapsed — as well as Bridgepoint Education, DeVry University and Education Management Corporation.

should be helpful

oh not me

 

[Ed MOTHEREFFING G]

oh not me

yeah its for these schools



no diss

 

[Pull Up the Roots]

Does "Forgiveness" of a Loan mean actual elimination, or just that they transfered the loan to another organization for them to service it instead


Buying Student loans on the secondary market is big business. That's why the Government will never eliminate them

Nice edit. Doofus.

 

[⠝⠕⠏⠑]

AAAAAYYYYYEEEEEEE!!!!!!
Edit: None of these apply to me.

 

[R.U.L.E.]

They just transferred my loans to another company. I got notified in November .

Same

 

[How Sway?]

One small step at a time

 

[BushidoBrown]

They just transferred my loans to another company. I got notified in November .

oh not me

AAAAAYYYYYEEEEEEE!!!!!!
Edit: None of these apply to me.

every time i see headlines like this i dont even flinch
a majority of my loans are with private (non federal student aid) companies
and this shyt dont apply to my navient loans either based off the summary

 

[The Darkness]

yeah its for these schools



no diss

Damm! I been searching for this commercial for a minute.

This dude had my cousin ready to chuck the remote at the TV back in the day

 

[Bunchy Carter]

Nice edit. Doofus.

This nikka be in every thread arguing and talking tough in threads lol

 

[Geode]

Navient settlement checks coming thru for those who didn't get full dismissal. Check ya mailbox.

 

[R.U.L.E.]

I got my check but they are saying if I consolidate I can still get some forgiveness?