Government Sues Navient

Sallie Mae has long drawn the ire of student loan borrowers struggling to pay back their debt. But as it turns out, they might have had a real reason to complain.

"At every stage of repayment, Navient chose to shortcut and deceive consumers to save on operating costs," said Richard Cordray, the director of the Consumer Financial Protection Bureau, which brought the federal suit....

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#litigation #arbitration

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