Warren, Dean, Over 30 Lawmakers Urge Navient to Reform Flawed Process to Cancel Student Loans Pushed onto Borrowers Attending Fraudulent, For-Profit Colleges
August 08, 2024
August 08, 2024
WASHINGTON, Aug. 8 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following news release:
Today, U.S. Senator Elizabeth Warren (D-Mass.) and Representative Madeleine Dean (D-Pa.) led over 30 lawmakers in a letter urging student loan servicer Navient to reform its flawed process to cancel the private student loans of borrowers who attended fraudulent, for-profit colleges. The lawmakers argued that ??under the FTC Holder Rule and due to Navient's misconduct, the company is lia . . .
Today, U.S. Senator Elizabeth Warren (D-Mass.) and Representative Madeleine Dean (D-Pa.) led over 30 lawmakers in a letter urging student loan servicer Navient to reform its flawed process to cancel the private student loans of borrowers who attended fraudulent, for-profit colleges. The lawmakers argued that ??under the FTC Holder Rule and due to Navient's misconduct, the company is lia . . .