News Releases

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Toggle Summary Navient CEO on the California Attorney General lawsuit: Instead of filing lawsuits, here is what states should be doing to address the real issues in higher education and student debt
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
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Toggle Summary Report: Millennials value happiness, more than career
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
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Toggle Summary Navient celebrates customers on a path to financial success
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
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Toggle Summary Navient issues statement on U.S. Department of Education collections contract
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,
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Toggle Summary Navient celebrates anniversary of military customer service team
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.
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Toggle Summary Navient completes acquisition of Earnest, a leading financial technology and education finance company
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.
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Toggle Summary Navient announces agreement to acquire 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.
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Toggle Summary Third annual Money Under 35 report finds finishing college pays off
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”
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Toggle Summary Federal student loan borrowers serviced by Navient are 37% less likely to default
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
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Toggle Summary Navient CEO delivers remarks at annual shareholder meeting
WILMINGTON, Del., May 25, 2017 (GLOBE NEWSWIRE) -- Jack Remondi, president and CEO of Navient, the nation's leading loan management, servicing and asset recovery company, delivered remarks at the company's 2017 Annual Meeting of Shareholders. Excerpts of his remarks are as follows: Navient
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