Navient Corporation is amongst the defendants in still another proposed course action that alleges the business misled education loan borrowers.

The 23-page problem alleges Navient, dealing with an “existential risk” following the passage of a federal legislation this year that ended the government’s Federal Family Education Loan Program (FFELP), “intentionally misled” borrowers far from government-offered payment choices that will have been around in pupils’ best interest – but could have triggered a loss in income for Navient. Read more