Navient Statement on U.S. Department of Education Loan Servicing Contract
NEWARK, Del., June 18, 2014 - Navient, the nation's leading loan management, servicing and asset recovery company, issued a statement following the extension of the U.S. Department of Education Direct Loan servicing contract:
As the leader in default prevention and helping customers enroll in income-based repayment plans, we remain focused on delivering proactive customer service that supports the success of student loan borrowers.
As the nation's leading loan management, servicing and asset recovery company, Navient (NASDAQ: NAVI) helps customers navigate the path to financial success. Servicing nearly $300 billion in student loans, the company supports the educational and economic achievements of more than 12 million Americans. A growing number of government and higher education clients rely on Navient for proven solutions to meet their financial goals. Learn more at navient.com. Created from the strategic separation of Sallie Mae, Navient began trading on NASDAQ as an independent company on May 1, 2014.
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