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Massachusetts To Have $41M In Student Debt Canceled As Part Of $1.85B Settlement Massachusetts To Have $41M In Student Debt Canceled As Part Of $1.85B Settlement
Massachusetts To Have $41M In Student Debt Canceled As Part Of $1.85B Settlement A total of $41 million in private student loan debt will be canceled in Massachusetts after an investigation into one of largest student loan servicers in the United States found it deceived thousands of borrowers. Attorney General Maura Healey announced on Thursday, Jan. 13, that a coalition of 39 attorneys general negotiated the $1.85 billion settlement with Navient. Healey said the relief is provided to resolve allegations of "widespread unfair and deceptive student loan servicing practices and abuses in originating predatory student loans." Under the terms of the settlement, Navie…

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by Nicole Valinote