A default can lead to severe consequences, including damaged credit,
wage garnishment, and offset of social security and other government benefits.
There are options to get back on track after falling behind on a federal
Today the Consumer Financial Protection Bureau is filing a lawsuit against Navient (formerly part of Sallie Mae), which is the nation’s largest servicer of both federal and private student loans. From our extensive investigation of the matter, we found that Navient has systematically and illegally failed borrowers at every stage of repayment.