Attorney General Frosh announces $1.85 billion settlement with student loan servicer Navient
BALTIMORE, MD—Maryland Attorney General Brian E. Frosh this week announced that Navient Corporation, one of the nation’s largest student loan servicers, will provide relief totaling $1.85 billion to resolve allegations of unfair and deceptive student loan servicing practices and abuses in originating predatory student loans. This settlement, joined by a coalition of 39 attorneys general, resolves claims that since 2009, […]