Tag Archives: Student Loans

Student loan processor Navient has agreed to a nearly $2 billion settlement with 39 state attorneys general, according to reporting from the Wall Street Journal. Navient is one of the largest student loan processors in the U.S. The settlement requires the company to cancel about $1.7 billion in delinquent private student loan …

On Wednesday, the White House and the U.S. Department of Education announced a 90-day extension of the pause on student loan repayment, interest, and collections through May 1, 2022. The extension will allow the Administration to assess the impacts of the Omicron variant on student borrowers and provide additional time …

The White House announced on Friday that the moratorium for federal student loan payments is being extended until January 31, 2022. The Department of Education says that this will be the final extension. “The payment pause has been a lifeline that allowed millions of Americans to focus on their families, …

The U.S. Department of Education announced that 72,000 students would have their student loans erased under the Borrower Defense to Repayment program. The relief will go to students who attended for-profit schools and were already approved by the Department of Education for Borrower Defense relief. While the move amounts to roughly …