Over the next two years, Democrats have the unfettered ability to be an albatross around the neck of the GOP — and to make sure that what little they manage to get done due to their paper-thin majorities becomes the reason for their undoing.
Navient
Follow:
-
DeVos’s Education Budget Throws Students to the Loan Sharks
Slashing $10.6 billion from federal education funding, the new budget plan includes $500 million to invest in charter schools, $250 million in voucher program expansion funding, and $1 billion to “push public schools to adopt choice-friendly policies.”
-
On Navient Misconduct, Student Debt Activists Stay Silent—For Now
The nation’s largest student loan company, Navient, handles over $300 billion in federal and private loans – though recent details emerged showing the company misled student borrowers while approving subprime loans that defaulted at rates up to 92%.
-
Occupy Group Strike Debt Buys and Abolishes $4 Million in Everest College Student Loans
The Rolling Jubilee group that grew out of Occupy Wall Street has purchased and eliminated a portfolio of private student loans worth millions at Corinthian Colleges in California.