Navient is exiting the federal student loan business as a regulator prepares to fine it $120 million. The company, formerly known as Sallie Mae, was...
Stocks of companies related to student loans have experienced a drop in value ahead of the restart of student loan payments after a three-year pause...
Earnest, a FinTech startup with hopes of creating a modern financial institution, is selling to student-loan giant Navient for $155 million in cash. According to TechCrunch,...
Things are getting tougher for the Consumer Financial Protection Bureau (CFPB) under the new political administration. More banks are now willing to challenge CFPB enforcement actions,...
With over $1.3 trillion owed in just the United States alone, student debt is likely one of the largest pieces of financial stress weighing on...
Navient, the nation’s largest student loan servicer, has touted that it wants to help American borrowers, but based on a recent filing, the company is...
Upromise, a membership reward service, was fined $500,000 by the Federal Trade Commission (FTC) to settle allegations it violated a FTC rule that requires companies...
London's bridge (to the EU) is falling down, but perhaps not completely. And lest you think Brexit is the biggest Fizzle of them all, think...
The Consumer Financial Protection Bureau (CFPB) announced yesterday (Jan. 18) that it has filed suit against Navient, the largest servicer of federal and private student loans...