The Feds claim that the nation’s largest student loan servicer gave rushed and costly advice.
Questions:
1. What is the amount or size of the U.S. government’s student loan program in dollars?
2. What is Navient?
3. How would you describe the structure of Student loan servicing?
4. What are some of the claims about Navient and the legal challenges?
Source:
Nasiripour, S. and J. Lorin. (2017). Behind the Dizzying Student Loan Game Navient Allegedly Played. Bloomberg, Jan. 26 (Retrievable online at https://www.bloomberg.com/news/articles/2017-01-26/behind-the-dizzying-student-loan-game-navient-allegedly-played)