From a Navient surrogate at Seeking Alpha: Navient is the largest private servicer of student loans, and that business will continue to expand. The company consistently provides value to shareholders, and will continue to do so through its corporate... — read more 

Navient is buying back up to 15% of its stock to inflate their share price. A sign of desperation?

More dissatisfaction about college. This is resulting in more enrollment declines each year. https://www.aarp.org/money/credit-loans-debt/info-2018/student-loan-debt-across-generations.html... — read more 

Worth sharing around the office... https://www.youtube.com/watch?v=007Jp_ljxH0

"Members of the American Federation of Teachers, the second-largest teachers union in the United States, announced on Wednesday a lawsuit against student loan servicer Navient, alleging the company deceived borrowers and prevented them from accessing... — read more 

More enrollment losses in several states. More losses in the for-profit and community college sectors. https://www.linkedin.com/pulse/college-enrollments-continue-decline-several-states-dahn-shaulis/?published=t

Navient losing bid for NEXTGEN Financial Services? https://www.fbo.gov/index?s=opportunity&mode=form&id=18d38106a0616cc4841d62f15c0917f9&tab=core&_cview=1

More bad news for student debtors. A website that provided information about student loan debt will now be a hook for Lending Tree. https://www.thelayoff.com/lendingtree

"When it comes to your student loans, the ball is in your court" https://www.forbes.com/sites/zackfriedman/2018/07/09/student-loans-navient-lawsuit/#2f1830b72777

A message from the CEO. Don't blame us. A typical technique of neutralization. https://seekingalpha.com/pr/17205502-navient-ceo-california-attorney-general-lawsuit-instead-filing-lawsuits-states-address-real

According to National Center for Education Statistics charts, public higher education institutions overall saw increased revenues in recent years, but private colleges saw a $46 Billion loss in revenues from 2013 to 2015. In 2016, EY suggested that... — read more 

"Students are targeted and lied to by subprime colleges and they are often treated with indifference by public education." "Rational choice" in US education, however, must be examined in a society affected by deindustrialization and deskilling of... — read more 

The National Center for Education Statistics is moderating its perspective on higher education enrollment. Earlier NCES reports projected enrollment to grow to more than 22 million students by 2023. In the Department of Education's The Condition of... — read more 

"New data released last fall by the Trump Department of Education paints an even bleaker portrait of the lives of student loan borrowers. Education researcher Erin Dunlop Velez has just published a thoughtful study that analyzes the new student loan... — read more 

"The interim head of the Consumer Financial Protection Bureau announced a reorganization Wednesday that will eliminate the separate arm that focused on the interests of students and other young Americans."... — read more 

https://www.washingtonpost.com/news/grade-point/wp/2018/04/26/colleges-are-using-consultants-to-manipulate-student-loan-default-rates-gao-says/?noredirect=on&utm_term=.7d3bcf2d9af4

I am writing an article for College Meltdown to counter the "commonsense" idea that college debt is always "good debt." It's part of a series of articles I am doing about behavioral economics and college choice... — read more 

Vulture capital firm Canyon Capital making a big move into NAVI. Oh, this should be interesting. https://seekingalpha.com/pr/17121042-navient-statement-schedule-13d-filing-canyon-capital-advisors

Looks like Navient Foundation does a lot to create goodwill. Does it do enough to make them forget that NAVI is evil? "The participants in the program, which provides college readiness and career awareness to African-American teens, will journey... — read more 

The House Bill would reduce government-subsidized loans by $26B over 10 years. Part of the Trump/DeVos plan to defund, deregulate, and privatize higher education... — read more 

Navient had a negative quarter. Now what? It looks like lots of "restructuring." https://seekingalpha.com/article/4139750-navients-navi-ceo-jack-remondi-q4-2017-results-earnings-call-transcript?page=5

"The looming student loan crisis is worse than previously thought, according to a new analysis of federal data on student loan default, which the U.S. Department of Education released in October."... — read more 

"The bill eliminates an Obama administration rule designed to weed out career education programs that graduate too many students with debt they can’t repay. Another provision, meanwhile, adds new graduation benchmarks for minority-serving... — read more 

Sounds like a class war about to erupt... In 19 states, government agencies can seize state-issued professional licenses from residents who default on their educational debts. Another state, South Dakota, suspends driver's licenses, making it... — read more 

So what will Navient do, now that Robert Cordray is gone? https://www.nytimes.com/2017/11/15/business/cordray-consumer-protection.html

What is NASDAC going to do about this company who has faurdulently and unfairly collected without a paper trail on whom they have sold student loans. They owe millions or more to 44,000,000 people and they will not give accountings of whom they have... — read more 

"The company's subprime products included high interest rates and origination fees, according to the suit, in some cases as high as the equivalent of a 15.75 percent interest rate. One of the company's emails on a subprime lending workshop described... — read more 

Navient has the highest number of complaints of any student loan servicer, more than 8200. It also has the highest rate of complaints, by far. https://www.cnbc.com/2017/10/06/what-the-lawsuit-against-navient-means-for-your-student-loans.html... — read more 

The report by the National Center for Education Statistics looks at students who began their undergraduate education in 2003 and defaulted on at least one loan over the next 12 years. Fifty-two percent of the students who attended for-profit schools... — read more 

"(Attorney General) Shapiro "sued Navient in federal court alleging a raft of illegal conduct, most notably that it “willfully” and “knowingly” cheated struggling debtors who face long-term hardship by steering them into payment plans that postponed... — read more 

Navient owns DC... https://www.theguardian.com/money/2017/sep/06/us-student-debt-loans-navient-sallie-mae

Trump and DeVos are siding with Navient. http://www.chicagotribune.com/business/ct-devos-education-department-cfpb-student-loans-20170908-story.html

Why is Navient borrowing $52M when its profits are up? And what does this mean? "Our substantial indebtedness could adversely affect our financial condition. We will have a substantial amount of indebtedness, which could limit our ability to obtain... — read more 

Looks like the money will be flowing back into DC . https://www.opensecrets.org/industries/indus.php?ind=F1410

Do visitors to this place have information on when is my loan eligible for discharge. Here are my details: Discharge needed need elegibility date attended University of Phoenix graduated with a BA in business graduation year 2009 loan amount 24,000 — read more 

Looks like Navient will be able to do whatever is wants. The new head of FSA, Arthur Wayne Johnson, is a free marketer... — read more 

Is this valid? Is there a class action in works for Navient? https://www.classaction.org/blog/navient-attorneys-facing-class-action-alleging-fraud-legal-malpractice

Looks like Jack R. is all about the profits and nothing about the customers. But we already knew that, right? https://www.bloomberg.com/news/articles/2017-04-03/student-debt-giant-navient-to-borrowers-you-re-on-your-own

Is this the begging of the end? The Consumer Financial Protection Bureau and several state attorneys general allege that the massive loan company systematically and illegally failed borrowers at every stage of repayment. Source, listed below:... — read more 

Lawsuit may result in billions of dollars in damages. That's got to hurt NAVI's bottom line, and it could very easily mean layoffs ahead. https://www.nytimes.com/2017/01/18/business/dealbook/student-loans-navient-lawsuit.html?_r=0