A previously undisclosed U.S. Department of Education (DOE) audit report bolsters allegations that the nation’s largest federal and private student loan servicer illegally cheated struggling student borrowers out of their rights to lower repayments, according to U.S. Sen. Elizabeth Warren (D-Mass.).
The Consumer Financial Protection Bureau (CFPB) filed a complaint in January 2017 against Navient, formerly known as Sallie Mae, Inc.
Read on for details from Warren’s letter to Navient.
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