News
The Project on Predatory Student Lending and City of Boston Host Free Student Debt Clinic
Student loan borrowers attend in-depth clinic to get answers to federal student loan repayment questions and receive individualized support and resources on navigating student debt.
STATEMENT on Federal Judges Blocking SAVE Student Loan Repayment Plan
“These decisions by two judges who clearly don’t understand the real-life consequences of the student debt burden, nor the complexity of the federal student loan system will cause unjust and immediate harm and confusion for millions of student loan borrowers.”
Judge Alsup Demands Accountability from Department of Education and Servicers on Borrower Defense Settlement
At a hearing today regarding the Plaintiffs’ motion to enforce implementation of settlement relief in the lawsuit Sweet v. Cardona, Judge William Alsup expressed frustration with ongoing issues and demanded accountability from the Department of Education and its servicers after their gross mishandling of settlement relief in the $6 billion borrower defense settlement.
Navient Is Quietly Forgiving Private Student Loans Amid Pressure From Lawmakers | Money
The existence of Navient’s new discharge program largely came to light when the PPSL launched a campaign on May 30 to encourage borrowers to apply. The nonprofit legal organization also released a step-by-step guide to request loan forgiveness.
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.
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.