Matters Pecuniary ... credit cards, banking, debt management, |
Student loan servicer Navient canceling $1.7 billion in student loans
The massive debt wipeout concludes an almost five-year-long investigation into complaints against the servicer. Navient will be required to pay $1.85 billion, which includes: $1.7 billion in student loan cancelation $95 million in restitution $47.4 million in fees paid to…