Much has been said about education debt in America. My company, Navient, has more than 580 million interactions with student loan borrowers every year, giving us a front-row seat to what works and what doesn’t. We have long advocated for changes that would improve outcomes for borrowers. Today, we share these recommendations along with a call for action.
WILMINGTON, Del. , June 28, 2018 (GLOBE NEWSWIRE) -- Jack Remondi , president and CEO of Navient (Nasdaq:NAVI), today issued the following statement on the lawsuit announced by the California Attorney General: The allegations are unfounded, and the lawsuit is another attempt to blame a single
WILMINGTON, Del., June 20, 2018 (GLOBE NEWSWIRE) -- Fewer than 1 in 10 millennials identify their career as their top priority, according to a newly released special report from Navient’s Money Under 35 national study, conducted with Ipsos. The research finds young adults, ages 22 to 35, are more
A record 530,000 borrowers paid off their student loans in 2017 WILMINGTON, Del., Jan. 02, 2018 (GLOBE NEWSWIRE) -- At the start of a new year, many Americans reflect on the past year and resolve to make financial health a priority. Navient celebrates its customers who successfully managed student
WILMINGTON, Del., Dec. 19, 2017— Navient (Nasdaq: NAVI), has been notified that the U.S. Department of Education is tapping Navient subsidiary Pioneer Credit Recovery to help federal student loan borrowers recover from default, reversing a February 2015 decision. Under a contract term extension awarded earlier this year,
WILMINGTON, Del., Nov. 06, 2017 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI) today marks the five-year anniversary of its Military Benefits Team, a highly skilled group of customer care professionals who assist service members with the benefits uniquely available to them.
WILMINGTON, Del. , Nov. 03, 2017 (GLOBE NEWSWIRE) -- Navient , a leading provider of asset management and business processing solutions, announced the closing of its acquisition of Earnest, a leading financial technology and education finance company.
WILMINGTON, Del. , Oct. 04, 2017 (GLOBE NEWSWIRE) -- Navient , a leading provider of asset management and business processing solutions, announced it has entered into an agreement to acquire Earnest, a leading financial technology and education finance company.
WILMINGTON, Del. , Oct. 04, 2017 (GLOBE NEWSWIRE) -- A study of millennial finances released today underscores the importance of college completion for young adults in achieving financial health. The study, Money Under 35 , found most young adults with a degree are in “good” or “excellent”
Navient-serviced borrower cohort default rate improved year over year WILMINGTON, Del. , Sept. 28, 2017 (GLOBE NEWSWIRE) -- An analysis of the latest Cohort Default Rate released by the U.S. Department of Education shows federal student loan borrowers serviced by Navient are 37 percent less likely