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Higher Education

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Settlement Provides $1.85 Billion In Nationwide Relief To Students Who Got Loans From Navient Settlement Provides $1.85 Billion In Nationwide Relief To Students Who Got Loans From Navient
Settlement Provides $1.85 Billion In Nationwide Relief To Students Who Got Loans From Navient One of the nation’s largest student loan servicers has agreed to relieve $1.85 billion in loan debt to help settle a blockbuster lawsuit filed by 38 states and the District of Columbia, authorities announced Thursday. Under the terms of the settlement, Navient Corp and its subsidiary Navient Solutions LLC will make restitution payments of roughly $260 each to 350,000 borrowers, Acting New Jersey Attorney General Andrew J. Bruck said. It will also cancel more than $1.7 billion in subprime private student loans owed by 66,000 or so borrowers nationwide, he said. The settlement includes appro…

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by Jerry DeMarco
Schools
NJ Education Officials To Release Guidelines On Welcoming College Students Back To Campus NJ Education Officials To Release Guidelines On Welcoming College Students Back To Campus
NJ Education Officials To Release Guidelines On Welcoming College Students Back To Campus New Jersey education officials on Wednesday is expected to release guidelines for the state's colleges and universities bringing students back on campus for upcoming summer and fall semesters. No hard date was set, rather, institutions were told they can provide individual plans to The NJ Office of the Secretary of Higher Education at least 14 days before the date they want to reopen for review by the state's health department. The plans must consider 10 key areas: Instruction, housing, computer labs, libraries, research and labs, student services, transportation, dining, study ab…

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by Cecilia Levine