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Court Deals Blow To Navient In Student Loan Lawsuit

In a major setback for Navient, a court has ruled against the scholar loan servicing giant, allowing a long-running lawsuit to continue. The lawsuit was brought by Pennsylvania Attorney General Josh Shapiro, on behalf of student loan borrowers therein state. The suit alleges that Navient engaged in widespread misrepresentations and other unfair or deceptive practices

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University of Phoenix Cancels $141 Million in Debt

The for-profit school lured students by advertising employer partnerships that didn’t exist, the Federal Trade Commission said. The University of Phoenix, one among the nation’s largest for-profit college chains, agreed to a $191 million settlement on Tuesday with the Federal Trade Commission, which said the varsity had lured in students with fraudulent claims about partnerships

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