Spun off from Sallie Mae in 2014, the company is the U.S.’s largest servicer of student loans.
News about Navient
Much of the complaint involves income-repayment programs intended to help struggling debtors.
There will certainly be some losers in the student loan market. But bank lending is not in jeopardy. Here's why.
The stocks spawned by corporate breakups often have rocky debuts, but many bounce back and outperform the market.