Navient, a major student loan collecting company, agreed to cancel $1.7 billion in debt owed by more than 66,000 borrowers across the U.S. and pay over $140 million in other penalties to settle allegations of abusive lending practices.
"Navient is and has been continually focused on helping student loan borrowers understand and select the right payment options to fit their needs," Chief Legal Officer Mark Heleen said in a statement. Massachusetts Attorney General Maura Healey called the settlement "an important step toward addressing our broken student loan repayment system."
"It’s a massive weight lifted," said Hardin, who was unable to make a career of photography in Seattle and now runs a food truck with her husband. "I can breathe again and feel like I’m not drowning, like I’m not going to get a call tomorrow that they’re suing me for defaulting."
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