Navient Cancels $1.7 Billion in Private Student Loan Debt. Your Turn, Feds

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Student loan servicer Navient will finally have to cancel $1.7 billion in private student loan debt for roughly 66,000 students, the New York Times reported Thursday. The loan cancellation is a part of deal reached between Navient and 38 states, and Washington, D.C., for a sum of $1.85 billion.Read more…