![Navient settlement erases $1.85B in student loans](https://www.jurist.org/news/wp-content/uploads/sites/4/2022/01/college_1642187592.jpg)
One of the largest student loan companies Thursday agreed to a settlement that will forgive $1.85 billion in debt after allegations of widespread deceptive practices. 39 state attorney generals accused loan servicer Navient of encouraging students to enter into predatory forebearance instead of more affordable income-driven repayment plans. Forebearance allows borrowers to pause payments, but interest [...]