More layoffs are coming this fall.

https://www.highereducationinquirer.org/2024/02/the-student-loan-mess-next-chapters.html

This is absolutely brutal.

What could possibly go wrong? https://seekingalpha.com/pr/19399552-earnest-and-nova-credit-launch-international-private-student-loans?hasComeFromMpArticle=false

https://www.highereducationinquirer.org/2023/02/peoples-rally-for-student-debt.html

https://seekingalpha.com/article/4563337-navient-corp-looks-like-a-tough-year-ahead

Not good... https://seekingalpha.com/article/4549350-navient-corporation-2022-q3-results-earnings-call-presentation

Isn't this special? https://www.msn.com/en-us/news/us/biden-s-student-loan-debt-forgiveness-plan-hit-with-lawsuit-over-racial-motive/ar-AA12BpDx?ocid=msedgntp&cvid=c0cedf0a7232428f93475e8dcfafeb01

"On Monday, Massachusetts Sen. Elizabeth Warren and Massachusetts Rep. Ayanna Pressley sent a letter — exclusively provided to Insider — to Navient CEO JR requesting information on guidance the company is giving student-loan borrowers right... — read more 

And it hurts Navient's bottom line as a student loan predator. https://www.businessinsider.com/biden-student-loan-forgiveness-created-confusion-borrowers-extra-steps-navient-2022-9

"Credit Suisse analyst Moshe Orenbuch said Navient and Nelnet (NYSE:NNI) would be impacted by the federal student loan forgiveness plan if privately held Federal Family Education Loan Program (FFELP) loans become... — read more 

https://www.linkedin.com/posts/dahn-shaulis_activity-6930484454599663616-nEFj?utm_source=linkedin_share&utm_medium=android_app

"Student loan servicers and private student loan companies (Navient, Sallie Mae, Nelnet), publishers and other edtech enterprises (Chegg, Barnes & Noble Education, Coursera, and Guild Education) are implicated or at least entangled in the mess. ... — read more 

https://www.highereducationinquirer.org/2022/01/how-university-of-phoenix-failed-its.html

Oh, this is good...well, not good... There are job openings at Maximus for $10 an hour... https://seekingalpha.com/article/4481789-navient-corporation-navi-ceo-jack-remondi-on-q4-2021-results-earnings-call-transcript

Private student loans down... https://seekingalpha.com/news/3791550-navient-stock-sinks-9-after-q4-earnings-miss-private-education-loans-fall-qq

For the 900 or so NAVI workers moving onto planet Maximus, let it be known that it will be a long and wild ride to a relatively hostile environment. https://www.highereducationinquirer.org/2022/01/maximus-student-loan-debt-and-poverty.html

$13.15 an hour. https://maximus.com/news/maximus-federal-student-loan-servicing-contract-novation-completed https://www.thelayoff.com/t/1eTnWMGT

"Navient, one of the largest student loan servicers in the country, announced Thursday it has reached a $1.85 billion settlement with more than three dozen states in an effort to resolve allegations of predatory lending and deceptive practices over... — read more 

Dare to know the truth... https://twitter.com/StrikeDebt

"Surveys suggest that many borrowers are not ready for payments to resume again. In a nationwide survey of thousands of student loan borrowers, Savi and the Student Debt Crisis Center found that 89% of borrowers are not financially ready to restart... — read more 

https://educationdata.org/student-loan-refinancing

#collegemania #collegemeltdown #studentloandea_th https://www.insidehighered.com/news/2021/11/17/report-outlines-class-2020s-student-debt-burden

This has to lead to layoffs.... “Navient is pleased to work with the Department of Education and Maximus to provide a smooth transition to borrowers and Navient employees as we continue our focus on areas outside of government student loan... — read more 

https://thecollegeinvestor.com/37839/student-loan-servicers-dropping-out/

What SLABS really are... https://www.youtube.com/watch?v=N_jGOKYHxaQ

Private loans dischargeable in bankruptcy. ... — read more 

Student loan default is a traumatic, stigmatizing experience. Because of that, many working people keep the pain of their student loan problems to themselves. Can you feel it? Do you feel any guilt at all too? ... — read more 

https://www-washingtonpost-com.cdn.ampproject.org/c/s/www.washingtonpost.com/education/2021/02/01/navient-student-loans-education-department/?outputType=amp

https://collegemeltdown.blogspot.com/2020/11/the-navient-meltdown-bill-harrington.html

http://collegemeltdown.blogspot.com/2020/11/a-letter-to-us-department-of-education.html

https://www.americanprogrhttps://www.americanprogress.org/issues/education-postsecondary/news/2020/10/13/491260/looming-student-loan-servicing-crisis/ess.org/issues/education-postsecondary/news/2020/10/13/491260/looming-student-loan-servicing-crisis/ — read more 

https://seekingalpha.com/article/4380285-navient-corporation-navi-ceo-jack-remondi-on-q3-2020-results-earnings-call-transcript

Some of the garbage that Navient is trying to collect on. http://collegemeltdown.blogspot.com/2020/10/observations-of-subprime-lead-generator.html

Was VP of investor relations... https://seekingalpha.com/news/3620299-navient-appoints-new-finance-head

How bad is it at Navient? https://tcf.org/content/commentary/student-loans-plummeted-summer-term/?agreed=1&session=1

https://seekingalpha.com/news/3579516-navient-cfo-resigns

Putting the big squeeze onto consumers for 16 cents a share. https://seekingalpha.com/news/3576947-navient-declares-0_16-dividend

Navient workers are paying the price for the company's greedy nature. While the organization professes to help students and their families, it is little more than a group of federal debt collectors and private debt sellers (think SLABS). Some of... — read more 

Everyone was listening. No one was laughing. Read between the lines and cut the BS. You know it's not good when they are discussing liquidity. "We were able to quickly and successfully move 90% of our team to a work-from-home status." (Does... — read more