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Navient debuts private student loan forgiveness, and other student loans news | Bankrate
Coverage Annamaria Orlandi Coverage Annamaria Orlandi

Navient debuts private student loan forgiveness, and other student loans news | Bankrate

If you were defrauded by your school and have student loans serviced through Navient, the servicer is now offering a simplified route to student loan forgiveness. The Project on Predatory Student Lending (PPSL) recently discovered that the servicer now offers borrowers the chance to apply for loan discharges. However, Navient never publicized the process.

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Some student-loan borrowers with private debt have a chance to get their balances wiped out — but they have to ask for it | Business Insider
Coverage Annamaria Orlandi Coverage Annamaria Orlandi

Some student-loan borrowers with private debt have a chance to get their balances wiped out — but they have to ask for it | Business Insider

while Navient has a process for defrauded borrowers to get relief, many of them might not know about it because they have to request an application. The Project on Predatory Student Lending, which advocates for defrauded borrowers, published updated information on the steps borrowers need to take to apply for the relief

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Settlement will wipe $6B in student loan debt — but not for these borrowers | Washington Post
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Settlement will wipe $6B in student loan debt — but not for these borrowers | Washington Post

“These private loan borrowers are coming out of the exact same circumstances and the exact same context,” said Eileen Connor, director of the Project on Predatory Student Lending, which represented the former students who started getting relief last month. “They have similar rights to cancellation. There’s no rationale to explain why one loan would be enforceable and another is not.”

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