Navient is under fire for more student loan issues—this time related to their overall business strategy.
One of the state attorney generals suing Navient said “[t]hese loans were designed to fail . . .”
According to new details from the state lawsuits, Navient allegedly used subprime loans as part of an overall business strategy. Subprime loans, notably, are part of what fueled the mortgage crisis in recent years.
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