Navient exits student loan servicing – here are 5 things that means for you.

If you have student loans and Navient has been your servicer, you may be in for some big changes.

That’s because Navient, one of the industry leaders in servicing education loans, just announced that it will cease its servicing business going forward. At this time, Navient handles servicing for services student loans, parent loans and FFELP Loans for about 12 million borrowers.

In its statement, Navient confirmed ...

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