Navient Corporation is a leading provider of education finance and related services in the United States. The company specializes in servicing and collecting on student loans, managing both federal and private loan portfolios. In addition to loan servicing, Navient offers solutions aimed at helping borrowers manage their education debt, including loan consolidation and repayment plans. Beyond student loans, the company also provides asset recovery services to help businesses improve their collections processes. Navient's mission focuses on supporting borrowers by providing them with the tools and guidance needed to navigate their educational financing options. Read More
President Donald Trump signed an executive order on Thursday aimed at dismantling the U.S. Department of Education. President Trump also announced on Friday that federal student loan servicing will be transferred to the Small Business Administration.
Gallant Capital Partners (“Gallant”) announced that it has closed its acquisition of the Government Services business (“NGS” or the “Company”) of Navient Corporation (Nasdaq: NAVI).
HERNDON, Va., Feb. 21, 2025 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) announced that its board of directors approved a 2025 first quarter dividend of $0.16 per share on the company's common stock.
HERNDON, Va., Feb. 21, 2025 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) announced today that it has finalized the sale of its Government Services business to an affiliate of Gallant Capital Partners, LLC, a Los Angeles-based investment firm.
HERNDON, Va., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) today posted its 2024 fourth quarter financial results. Complete financial results are available on the company’s website at Navient.com/investors. The materials will also be available on a Form 8-K on the SEC’s website at www.sec.gov.
The Biden administration on Monday announced more federal student loan forgiveness, bringing the administration's total student loan forgiveness to $183.6 billion for more than 5 million borrowers.
HERNDON, Va., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) will host an audio webcast to review its 2024 fourth quarter and year-end financial results on Wednesday, Jan. 29, 2025, at 8:00 a.m. Eastern Time. The results are scheduled to be released the same day by 7:00 a.m. on Navient.com/investors. In addition to being available on the company’s investor website, the results will be filed with the SEC on a Form 8-K available at SEC.gov.
Gallant Capital Partners (“Gallant”) announced that it has signed a definitive agreement to acquire the Government Services business (“NGS” or the “Company”) of Navient Corporation (Nasdaq: NAVI).
The Biden administration withdrew two major student loan forgiveness plans on Friday, just weeks before President-elect Donald Trump is set to enter the Oval Office. Here's a look at what it means for borrowers and student loan service providers.
HERNDON, Va., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) announced today that it has reached an agreement to sell its Government Services business to an affiliate of Gallant Capital Partners, LLC, a Los Angeles-based investment firm.
HERNDON, Va., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) announced that its board of directors approved a 2024 fourth quarter dividend of $0.16 per share on the company's common stock.
HERNDON, Va., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) has been recognized by The Forum of Executive Women as a Champion of Board Diversity. This award annually honors the top public companies in the Philadelphia region with boards comprised of at least 30% women.
HERNDON, Va., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) today posted its 2024 third quarter financial results. Complete financial results are available on the company’s website at Navient.com/investors. The materials will also be available on a Form 8-K on the SEC’s website at www.sec.gov.
HERNDON, Va., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) has been recognized for the third year as a Best Place to Work for Working Daughters, according to Working Daughter, a community for women balancing eldercare with their careers. The annual list recognizes companies that support family caregivers and also raises awareness of how businesses help make caregiving and professional success compatible.
HERNDON, Va., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) will host an audio webcast to review its 2024 third quarter financial results on Wednesday, Oct. 30, 2024, at 8:00 a.m. Eastern Time. The results are scheduled to be released the same day by 7:00 a.m. on Navient.com/investors. In addition to being available on the company’s investor website, the results will be filed with the SEC on a Form 8-K available at SEC.gov.
HERNDON, Va., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) today released the following statement after reaching an agreement with the Consumer Financial Protection Bureau to resolve previously disclosed litigation and investigations:
Millions of Americans may see credit rating drops as Biden's moratorium on reporting late student loan payments ends, affecting loan approvals and rentals.
U.S. District Judge J. Randal Hall on Thursday temporarily blocked the Biden administration's latest student debt relief plan in a lawsuit brought by seven Republican-led states.
