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Maryland Chapter 21 of Association of Certified Fraud Examiners

Maryland Attorney General Announces $1.85 Billion Settlement with Student Loan Servicer Navient

13 Jan 2022 11:40 PM | Anonymous

Settlement Includes $1.7 Billion in Debt Cancellation and $95 Million in Restitution; Maryland Borrowers Will Receive over $37 Million in Relief. This settlement, joined by a coalition of 39 attorneys general, resolves claims that since 2009,despite representing that it would help borrowers find the best repayment options for them, Navient Corporation steered struggling student loan borrowers into costly long-term forbearances instead of counseling them about the benefits of more affordable income-driven repayment plans. Source: Maryland Attorney General

Maryland Chapter 21 of Association of Certified Fraud Examiners

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