Navient to pay $1.6M to Vermont student borrowers
BURLINGTON, Vt. (WCAX) - The Vermont Attorney General’s office Thursday said Vermonters with student loans will see $1.6 million in debt relief as part of a settlement with Navient, one of the nation’s largest student loan servicers.
The company last week 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.
Darren Perron spoke with Joshua Cohen, a St. Albans student loan attorney, about the agreement.
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