Borrowers whose loans are serviced by Navient are 35 percent less likely to default WILMINGTON, Del. , Sept. 27, 2018 (GLOBE NEWSWIRE) -- An analysis of the Cohort Default Rate released this week by the U.S. Department of Education shows borrowers whose federal student loans are serviced by Navient
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”