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News Releases

Date Title and Summary View
Toggle Summary A Letter from Navient CEO Jack Remondi to Navient Shareholders
WILMINGTON, Del. , Nov. 20, 2018 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI) released the following letter from Jack Remondi , President and CEO, to company shareholders: Today’s article by the Associated Press continues the practice of ignoring facts to make false, sensational and harmful
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Toggle Summary Navient helps more borrowers avoid default
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
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Toggle Summary Five Recommendations for Better Student Loans
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.
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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