News Releases

Date Title and Summary View
Toggle Summary Navient Reports Second-Quarter 2015 Financial Results
Acquires $1 Billion in Student Loans during the Quarter Repurchases $300 Million of Common Shares during the Quarter WILMINGTON, Del., July 21, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI) today released second-quarter 2015 financial results that include $1 billion of student loan purchases and
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Toggle Summary Navient Reports Third-Quarter 2014 Financial Results
Navient Acquires $1.4 Billion in Student Loans during the Quarter Charge-Off Rates on Private Education Loan Portfolio Improve to Lowest Levels Since 2008 Navient-Serviced Federal Cohort Default Rate 40 Percent Better than National Average NEWARK, Del., Oct.
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Toggle Summary Navient Reports Third-Quarter 2015 Financial Results
Private Education Loan Charge-Offs Decline $31 Million from Prior Quarter Repurchases $175 Million of Common Shares during the Quarter Completes Conversion of $4.9 Billion of FFELP Loans Acquires Xtend, a Health Care Payments Company WILMINGTON, Del., Oct.
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Toggle Summary Navient says lawsuit from Pennsylvania Attorney General is unfounded
WILMINGTON, Del. , Oct. 05, 2017 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI) today issued the following statement on claims made by the Pennsylvania Attorney General: The allegations are completely unfounded and the case was filed without any review of Pennsylvania residents' customer accounts.
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Toggle Summary Navient says politically driven lawsuit from Illinois Attorney General is unfounded
WILMINGTON, Del., Jan. 18, 2017 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, today issued the following statement on legal action filed against it today: The allegations of the Illinois Attorney General and Consumer Financial Protection
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Toggle Summary Navient seeks to fill nearly 200 jobs by end of year
FISHERS, Ind., Aug. 18, 2014 (GLOBE NEWSWIRE) -- Job-seekers in Fishers need to look no further, as Navient, the nation's leading loan management, servicing and asset recovery company, is now hiring, announcing its plan to fill nearly 200 positions by the end of the year.
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Toggle Summary Navient shareholders re-elect board recognized for gender parity
WILMINGTON, Del., May 26, 2016 (GLOBE NEWSWIRE) -- Navient today held its 2016 Annual Meeting of Shareholders in Wilmington, Del. Shareholders voted in accordance with the recommendations of the company's board of directors on each of the four proposals at the meeting.
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Toggle Summary Navient sponsors USS Delaware commissioning commemoration event
WILMINGTON, Del., April 01, 2022 (GLOBE NEWSWIRE) -- Navient is a proud sponsor of the USS Delaware submarine commissioning commemoration event, to be held April 2 at the Port of Wilmington. It is the first time in almost 100 years that a U.S. Navy vessel has been named after Delaware, and it is
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Toggle Summary Navient statement on positive trends in the national student loan Cohort Default Rate
Federal student loan borrowers who use Navient servicing are 38% less likely to default
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Toggle Summary Navient statement on schedule 13D filing by Canyon Capital Advisors
WILMINGTON, Del. , April 04, 2018 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), a leading asset management and business processing services company, today received a notice of Schedule 13D filing by Canyon Capital Advisors and released the following statement: Navient values Canyon’s investment and
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