Navient forced to forgive 1.7 billion in student loans

[EBK String]

 

[The Plug]

The thread should have more responses.

 

[SCJoe]

The thread should have more responses.

Maybe if it was Great Lakes or Sallie Mae.

 

[UpAndComing]

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

 

[Darealtwo1]

nikka they moved everyone that had loans with them to another company. They not slick it's less than 66k people they forgiving.

Joe Beezy promised 10k for EVERYONE and he lied. On tree top piru we still got to spin about that one.

 

[Dynamite James]

Where is your wife?

 

[UpAndComing]

The thread should have more responses.

Thread was made 11 minutes ago

 

[Bubba T]

“Navient repeatedly and deliberately put profits ahead of its borrowers — it engaged in deceptive and abusive practices, targeted students who it knew would struggle to pay loans back, and placed an unfair burden on people trying to improve their lives through education,” said Josh Shapiro, the attorney general of Pennsylvania, one of several states that had sued Navient.

The housing crisis all over again

 

[The Plug]

Thread was made 11 minutes ago

Didn't even see that

 

[Mastamimd]

 

[Charly Wingate]

The housing crisis all over again

Yup.

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

 

[Huda2daf]

I gotta check I have navient as one of my servicers

 

[The Intergalactic Koala]

nikka they moved everyone that had loans with them to another company. They not slick it's less than 66k people they forgiving.

Joe Beezy promised 10k for EVERYONE and he lied. On tree top piru we still got to spin about that one.

Breh I came in here excited only to remember that they pushed that shyt to another company.

Back to the crippling debt I go

 

[Bunchy Carter]

Navient left a false negative report on my credit report and lowered my credit score.

 

[Kaypain]

Maybe if it was Great Lakes or Sallie Mae.

I thought Navient is Sallie Mae. Or at least Sallie Mae gave them all their accounts.