Navient Layoffs

Topics regarding layoffs at Navient

How Navient maximized profits...

SumZero: So Navient is actually incentivized to put student borrowers into delinquency? Taylor Mann, Pine Capital Partners: That’s the one question that really cuts through and clarifies where the heart of this trade lies: the moral hazard. Prior... —  read more 

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Post ID: @OP+13v1YoAl

Video playlist for Navient employees

Have you seen my College Meltdown video playlist? I think you'll find it very educational. Please take a look and share it with your people. https://www.youtube.com/playlist?list=PLcq7zwhpdzfk4Id4RDVVgURl44elXTGLT Please let me know what you... —  read more 

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Post ID: @OP+12W1z4aK

SLAB Shell Game

"The issuers—student-loan packagers like Navient Corp. and Nelnet Inc.—do not want their bonds downgraded. The investors who own the bonds do not want them downgraded....You just extend the maturity date. If the bond matures in 2026, and you aren’t... —  read more 

Revenues down but profits up?

How are profits up when revenues are down so dramatically? "The consensus EPS Estimate is $0.57 (+7.5% Y/Y) and the consensus Revenue Estimate is $294.5M (-42.4% Y/Y)." https://seekingalpha.com/news/3507321-navient-q3-2019-earnings-preview

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Post ID: @OP+11EueN8n

Will 2U have ripple effect on Navient?

The College Meltdown reaches elite universities.... https://www.linkedin.com/pulse/2u-whistleblowers-detail-rampant-overpricing-behavior-dahn-shaulis/

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Post ID: @OP+11iAN3Xp

Fox in charge of hen house

https://www.forbes.com/sites/zackfriedman/2019/08/26/student-loans-elizabeth-warren/#577178f33466

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Post ID: @OP+10JORAR4

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: @OP+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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| 455 views | |
Post ID: @OP+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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| 460 views | |
Post ID: @OP+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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| 466 views | |
Post ID: @OP+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: @OP+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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| 564 views | |
Post ID: @OP+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: @OP+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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| 636 views | |
Post ID: @OP+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: @OP+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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| 568 views | |
Post ID: @OP+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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| 604 views | |
Post ID: @OP+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: @OP+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: @OP+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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| 619 views | |
Post ID: @OP+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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| 620 views | |
Post ID: @OP+VjKQbEV

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