Over the past several years, Jack Remondi, chief executive of student loan giant Navient Corp., has gone out of his way to tout the companys devotion to helping Americans cope with student debt.
Hes mentioned it in meetings with investors, on calls with Wall Street analysts, in testimony before Congress, and even on his Medium blog. At Navient, our priority is to help each of our 12 million customers successfully manage their loans in a way that works for their individual circumstances, he said March 20.
But faced with a potential multi-billion dollar lawsuit by the federal government for not living up to that mantra, Remondis company, formerly an arm of student lender Sallie Mae, sang a different tune in court filings.
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Read the full article at: https://www.bloomberg.com/news/articles/2017-04-03/student-debt-giant-navient-to-borrowers-you-re-on-your-own
