Private Student Loan Lender Offers Debt Cancellation, But Borrowers Have to Ask

Published on June 6, 2024

While debates over President Joe Biden’s attempts to cancel federal student loan debt capture national attention, a little-known program directed by a one-time leading private student loan company is providing relief for eligible borrowers. Navient, once a major servicer of private and federal student loans, stopped managing federal student loans in 2021. By that point, all federal loans in the Navient portfolio were transferred to another servicer, Aidvantage. Earlier this year, Navient announced a plan to withdraw from the student loan servicing market. But before the company completely offloads the servicing of its last remaining student loan portfolio, it quietly opened a new loan forgiveness application for private student loan borrowers....

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Another Alberta Town’s Residents Are Petitioning to Remove Rainbow Crosswalks, Pride Flags

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