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Borrowers urged to apply for Navient's private student loan forgiveness | Fox Business
There's been much ado about federal student loan forgiveness with little relief directed to students holding private student debt. However, a little-known program directed by private student loan lender Navient is forgiving private loans for borrowers seeking relief on the grounds that their school lied to them.
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
Student loan borrowers in the dark about little-known program that cancels ALL debt | Daily Mail
PPSL published Navient's application form and an instruction guide for borrowers with private loans seeking debt forgiveness based on the grounds that their school lied to them.
Navient Student Loan Forgiveness: What Borrowers Need to Know | NerdWallet
According to PPSL, Navient has recently begun sending out a “school misconduct discharge” application to a select group of borrowers who were defrauded by their colleges.
Private Student Loan Forgiveness Application Is Now Available, But Few May Be Aware | Forbes
A major national private student loan lender has quietly released a new application that provides a limited, but very real, pathway to potential relief.
There’s a Program to Cancel Private Student Debt. Most Don’t Know About It. | New York Times
“A nonprofit group is publicizing the relief program that Navient, a large lender, created for students who attended for-profit schools that misled them.”
PPSL Launches Awareness Campaign Around New Borrower Defense Application Process for Private Student Loans
Navient borrowers who experienced school misconduct are encouraged to submit applications for cancellation of their private student loans.
Judge Alsup Criticizes Department of Education’s Continued Mishandling of Borrower Defense Settlement
Court demands action and accountability at the first of three status hearings on the overdue relief in the $6 billion borrower defense settlement
Biden Debt Relief For Ripped-Off Art Institutes Students Is A Big Step. More Is Needed. | Republic Report
In a statement issued last week, the Project on Predatory Student Lending, which represents students abused by for-profit schools, explained well the private loan dimension to the EDMC scam: “EDMC … partnered with Sallie Mae (now known as Navient), to convince AI borrowers to take out private student loans to augment their federal student loans.”
Art Institutes Students Secure Big Borrower Defense Win with $6.1 Billion Group Discharge
In another victory for defrauded former for-profit college students, the Biden-Harris Administration announced the approval of more than $6.1 billion in automatic student loan relief to nearly 317,000 borrowers who enrolled at any Art Institute campus on or after Jan. 1, 2004, through Oct. 16, 2017.