Navient Lawsuit Settlement 2024 Update

Navient Lawsuit Settlement 2024 Update. Attorney general josh shapiro announces $1.85 billion landmark settlement with student loan servicer navient. Lead plaintiffs and defendants have reached a settlement of the action for $35,000,000 in cash (the “settlement”).

Navient has agreed to pay $120 million to resolve consumer financial protection bureau allegations that for years it illegally serviced federal student loans,. Navient, once one of the country’s largest student loan servicers, has reached a $120 million settlement with the consumer financial protection bureau.