Forbes contributors publish independent expert analyses and insights. Adam Minsky is an attorney and writer focusing on student loans. In a major shakeup, one of the nation’s largest student loan ...

The government’s top consumer watchdog is banning Navient from federal student loan servicing and ordering the company to pay $120 million for alleged lending failures. The settlement announced ...

Navient is barred from federal student loan servicing and has to pay $120 million in fines and compensation to the borrowers harmed by its practices, according to a proposed settlement with the ...

Millions of borrowers will see their student loan portfolios transferred to another company as one of the nation’s largest servicers announced its plans to leave the industry. Navient announced this ...

During the government shutdown, federal student loan borrowers should still be able to apply for a new repayment plan or speak with customer service. "We're not really impacted at the moment," said ...

Navient, once one of the country’s largest student loan servicers, has reached a $120 million settlement with the Consumer Financial Protection Bureau (CFPB) — resulting in the company being ...

The Department of Education issues Federal loans to students, but it doesn’t work with borrowers directly. Instead, it hires outside loan servicers to shoulder the administrative burden of educational ...