Business, Education, Politics

Attorney General Frosh announces $1.85 billion settlement with student loan servicer Navient

BALTIMORE, MD—Maryland Attorney General Brian E. Frosh this week announced that Navient Corporation, one of the nation’s largest student loan servicers, will provide relief totaling $1.85 billion to resolve allegations of unfair and deceptive student loan servicing practices and abuses in originating predatory student loans. This settlement, joined by a coalition of 39 attorneys general, resolves claims that since 2009, …


Business, Education, Politics

Frosh joins bipartisan coalition to ensure student loan servicers follow the law

BALTIMORE, MD – Maryland Attorney General Brian E. Frosh last week joined a bipartisan coalition of 32 attorneys general from around the country in defending the state’s ability to enforce consumer protection laws against student loan servicers. In an amicus brief filed in the United States Court of Appeals for the Third Circuit, the attorneys general argue that the case …