"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 the subprime loan program as "the baited hook to gain ...volume," according to the suit."
http://www.governing.com/topics/education/tns-navient-student-loan-pennsylvania-lawsuit.html