Navient Layoffs

Topics regarding layoffs at Navient

Music to remember how evil life is..

Lots of pain (blues, metal, etc.) around https://www.youtube.com/watch?v=QQtb8EtD458 https://www.youtube.com/watch?v=hfNm_z48gig https://www.youtube.com/watch?v=w5JBNcTDtVo https://www.youtube.com/watch?v=96KiSEMHy7Y Here's a really good rap from a... —  read more 

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Post ID: @ZW98PTK

Meet Josh Shapiro

"His lawsuit against Navient is one of about a half dozen around the country against the student-loan servicer. So why is he picking up the mantle of the defanged Consumer Financial Protection Bureau? Because the state is ground zero for student-loan... —  read more 

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Post ID: @ZtYTyO3

Hoping for a recession? Think again...

"Some investors in higher education may be hoping for an economic downturn, because the industry has typically been counter-cyclical. But this time, there may be no guarantee that a recession will improve the financial condition of the industry... —  read more 

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Post ID: @YiRkLca

"Condemned to Debt"

News and analysis of the student loan mess by Professor Richard Fossey https://www.condemnedtodebt.org/ —  read more 

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Post ID: @XQC8eWd

Takeover from Canyon Capital?

This should be interesting...but it certainly doesn't look good for workers. https://seekingalpha.com/news/3434479-navient-surges-6_4-percent-canyons-still-willing-deal —  read more 

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Post ID: @XIFhsTP

America's Most Endangered Private Colleges in 2019

"In 2016, Jeff Selingo and EY published a report stating that more than 800 schools were facing major downsizing, mergers, and closures. But their report did not list the schools most likely to fail. It would appear that higher education and business... —  read more 

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Post ID: @Xi6r2wj

Deceived by DeVry

In 2019, DeVry University continues to deceive consumers through its DeVry website and online recruiting. As a subsidiary of Cogswell Education and Palm Ventures, a shoe-string operation in comparison to its previous parent company, matters could get... —  read more 

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Post ID: @XfyU33n

Say hello to Seth Frotman

Are you prepared? https://www.washingtonpost.com/local/education/new-watchdog-group-aims-to-spur-action-on-student-debt/2018/11/27/8d07afa6-f288-11e8-aeea-b85fd44449f5_story.html?utm_term=.b85cec1e5cc6 https://www.npr.org/sections/money/ —  read more 

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Post ID: @WpBD0uW

Student loan justice and others

Student Loan Justice, Strike Debt, Debt Collective, ITT Tech Warriors, I Am Ai, Higher Ed Not Debt are just a few groups looking for debt relief. https://collegemeltdown.blogspot.com/ —  read more 

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Post ID: @WpxkxBI

AP Expose About Navient

"One of the nation’s largest student loan servicing companies may have driven tens of thousands of borrowers struggling with their debts into higher-cost repayment plans. That’s the finding of a Department of Education audit of practices at Navient... —  read more 

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Post ID: @WkoQBDf

Bottom Line: Revenues down 17%

Read all the other BS here... https://seekingalpha.com/article/4213955-navient-corp-navi-ceo-jack-remondi-q3-2018-results-earnings-call-transcript?part=single —  read more 

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Post ID: @VU1km81

Navient surrogate pumping NAVI

From a Navient surrogate at Seeking Alpha: Navient is the largest private servicer of student loans, and that business will continue to expand. The company consistently provides value to shareholders, and will continue to do so through its corporate... —  read more 

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Post ID: @VAde8ba

59% say college not worth the cost

More dissatisfaction about college. This is resulting in more enrollment declines each year. https://www.aarp.org/money/credit-loans-debt/info-2018/student-loan-debt-across-generations.html... —  read more 

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Post ID: @VxNjKcO

American Federation of Teachers Sues Navient

"Members of the American Federation of Teachers, the second-largest teachers union in the United States, announced on Wednesday a lawsuit against student loan servicer Navient, alleging the company deceived borrowers and prevented them from accessing... —  read more 

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Post ID: @Vv3g9RC

Bad news for Navient?

Navient losing bid for NEXTGEN Financial Services? https://www.fbo.gov/index?s=opportunity&mode=form&id=18d38106a0616cc4841d62f15c0917f9&tab=core&_cview=1 —  read more 

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Post ID: @VjKQbEV

Navient CEO: Don't Blame Us

A message from the CEO. Don't blame us. A typical technique of neutralization. https://seekingalpha.com/pr/17205502-navient-ceo-california-attorney-general-lawsuit-instead-filing-lawsuits-states-address-real —  read more 

Private College Revenues Moving Downward

According to National Center for Education Statistics charts, public higher education institutions overall saw increased revenues in recent years, but private colleges saw a $46 Billion loss in revenues from 2013 to 2015. In 2016, EY suggested that... —  read more 

When College Choice is a Fraud

"Students are targeted and lied to by subprime colleges and they are often treated with indifference by public education." "Rational choice" in US education, however, must be examined in a society affected by deindustrialization and deskilling of... —  read more 

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