Credit enhancement could increase for the most senior outstanding classes of notes, however, as the notes repay investors sequentially over time.

Navient, one of the nation's largest student loan servicers this year, agreed to cancel $1.7 billion of debt to resolve allegations of unfair, deceptive practices and predatory loans.

Navient is one of the largest student loan processors in the U.S., and the settlement will cancel the debt of 66,000 borrowers bringing the total to $1.7 billion, according to WSJ.

Navient is one of the largest student loan processors in the U.S., and the settlement will cancel the debt of 66,000 borrowers bringing the total to $1.7 billion, according to WSJ.

Shares of student loan servicer Navient (NASDAQ:NAVI) fell 1.9% in the morning session after BofA Securities downgraded the ...

Sixty-six thousand Americans will have $1.7 billion in private student loans canceled. That includes more than 2,400 people in Pennsylvania.

With rising interest rates and mounting debt, many are at risk of defaulting on their loans, prompting urgent calls for ...

A growing number of federal student loan borrowers are pausing payments. Experts warn that while deferments and forbearances ...

More people are pausing their student loan payments, amid the fallout of the Biden-era SAVE plan and other troubling economic ...