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Wyden, Merkley Press Navient to Cancel Loans of Borrowers Scammed by Fraudulent, For-Profit Colleges and Servicer Misconduct
June 05, 2024
WASHINGTON, June 5 -- Sen. Ron Wyden, D-Oregon, issued the following news release:

Senators Ron Wyden and Jeff Merkley said today they have joined seven colleagues in urging student loan servicer Navient to cancel decades-old private student loans pushed onto borrowers attending fraudulent, for-profit colleges.

"We write to urge the Navient Corporation to cancel the decades-old, predatory student loans in its portfolio that are governed by the FTC's 'Holder Rule' a . . .

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