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Student Debt Crisis

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NY To Have $110M In Student Debt Canceled As Part Of $1.85B Settlement NY To Have $110M In Student Debt Canceled As Part Of $1.85B Settlement
NY To Have $110M In Student Debt Canceled As Part Of $1.85B Settlement New Yorkers will have millions of dollars in debt canceled after one of the nation’s largest student loan services agreed to relieve $1.85 billion in loan debt as part of a multi-state agreement, authorities announced. Navient, the target of a bipartisan coalition of 39 attorneys general agreed to cancel $1.7 billion in private student loan debt and offered $95 million in restitution for thousands of students nationwide following an investigation into the company's business practices. New York Attorney General Letitia James announced the agreement on Thursday, Jan. 13, which will include mo…

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by Zak Failla