Policy, Economy

Student-loan company Navient asked permission to shut down

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9/29/2021 12:12:00 AM

The biggest company that handles student loans just asked the government's permission to shut down its services

Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.

, servicing a combined 10 million borrowers, are ending their contracts, as well."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 servicing," Jack Remondi, Navient President and CEO, said in a statement."Maximus will be a terrific partner to ensure that borrowers and the government are well served, and we look forward to receiving FSA approval."

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Oops Very sad indeed. they are pulling risk off their books so they do not default from SLABs failing 👀 Sad news SLABS For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Arnold_Nike4 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️

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Capital One study shows the varying financial situations of AmericansInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. this is terrible news Simplee...don't borrow more than you can pay back. So, that means, if you aren't rich, going to college for the 'college experience' is out.

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