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Course Action Alleges Navient Misled Student Loan Borrowers About FFELP Repayment Alternatives

Course Action Alleges Navient Misled Student Loan Borrowers About FFELP Repayment Alternatives

Navient Corporation is probably the defendants in still another proposed course action that alleges the organization misled education loan borrowers.

The 23-page issue alleges Navient, dealing with an “existential risk” following the passage through of a federal legislation this year that ended the government’s Federal Family Education Loan Program (FFELP), “intentionally misled” borrowers far from government-offered payment choices that could will be in pupils’ most readily useful interest – but might have triggered a loss in income for Navient. Continue reading Course Action Alleges Navient Misled Student Loan Borrowers About FFELP Repayment Alternatives