Navient banned from federal student loan servicing, fined $120M

“Today we are closing the book on Navient, one of the worst offenders in the student loan servicing industry, and a company that has harmed millions of borrowers across the country,” CFPB Director Rohit Chopra told reporters Thursday morning.

thehill.com/business/4876090-n

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@nursefrombirth Horrible, rapacious company. Shut them down and forgive every loan they administer, just for the lousy way they treat borrowers.

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