Episode 165
Will You Get Money from the Navient Lawsuit Settlement?
Student Loan Planner · Travis Hornsby
January 25, 202234m 19s
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Show Notes
The major news this week is Navient's $1.85 billion settlement, which involved 40 state attorneys general.
I'll give you the rundown of the settlement, what it means and answer the biggest question borrowers want to know: Can you get money from this settlement?
In today's episode, you'll find out:
- What is borrower defense to repayment and why you should apply
- How to get the most benefit from the PSLF Waiver
- The background of the Navient lawsuit
- Why Navient settled the lawsuit
- The role of Sallie Mae in the Navient lawsuit
- Navient's predatory lending practices
- Whether you can get cancelation or a check in the mail from Navient
- Why Navient is dealing with low-quality debt and what that means for their clients
- About the damage done to borrowers from the Navient settlement
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