Topics regarding layoffs at Navient

Topics regarding layoffs at Navient

16 cents

Putting the big squeeze onto consumers for 16 cents a share. https://seekingalpha.com/news/3576947-navient-declares-0_16-dividend

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Post ID: @OP+155joQbb

Feeling guilty?

Navient workers are paying the price for the company's greedy nature. While the organization professes to help students and their families, it is little more than a group of federal debt collectors and private debt sellers (think SLABS). Some of... — read more 

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| 1050 views | | no replies yet
Post ID: @OP+14DM2bwI

Disaster Management Earnings Call

Everyone was listening. No one was laughing. Read between the lines and cut the BS. You know it's not good when they are discussing liquidity. "We were able to quickly and successfully move 90% of our team to a work-from-home status." (Does... — read more 

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| 1140 views | | 1 reply (April 23, 2020)
Post ID: @OP+14COx7Ph

FED SLAB Bailout (TALF 2)

https://www.federalreserve.gov/newsevents/pressreleases/files/monetary20200323b3.pdf

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| 850 views | | no replies yet
Post ID: @OP+1490AfKQ

Navient Senior Notes on Sale

Buy Navient Senior Notes and get a 9% annual return. What could possibly go wrong? https://collegemeltdown.blogspot.com/2020/03/coronavirus-and-college-meltdown.html

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Post ID: @OP+142WoIn1

Navient shares dropping like a rock

https://collegemeltdown.blogspot.com/2020/03/coronavirus-and-college-meltdown.html

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Post ID: @OP+141k7jCo

States picking up the slack

Legislative action in several states. "Virginia and New Jersey are not alone—Connecticut, New York, Colorado, and more states are positioned to provide students and higher education regulators with more information about arbitration proceedings... — read more 

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Post ID: @OP+13JNctxy

How Navient maximized profits...

SumZero: So Navient is actually incentivized to put student borrowers into delinquency? Taylor Mann, Pine Capital Partners: That’s the one question that really cuts through and clarifies where the heart of this trade lies: the moral hazard. Prior... — read more 

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Post ID: @OP+13v1YoAl

Video playlist for Navient employees

Have you seen my College Meltdown video playlist? I think you'll find it very educational. Please take a look and share it with your people. https://www.youtube.com/playlist?list=PLcq7zwhpdzfk4Id4RDVVgURl44elXTGLT Please let me know what you... — read more 

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| 711 views | | no replies yet
Post ID: @OP+12W1z4aK

SLAB Shell Game

"The issuers—student-loan packagers like Navient Corp. and Nelnet Inc.—do not want their bonds downgraded. The investors who own the bonds do not want them downgraded....You just extend the maturity date. If the bond matures in 2026, and you aren’t... — read more 

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| 806 views | | no replies yet
Post ID: @OP+12TB0E7M

Revenues down but profits up?

How are profits up when revenues are down so dramatically? "The consensus EPS Estimate is $0.57 (+7.5% Y/Y) and the consensus Revenue Estimate is $294.5M (-42.4% Y/Y)." https://seekingalpha.com/news/3507321-navient-q3-2019-earnings-preview — read more 

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Post ID: @OP+11EueN8n

Will 2U have ripple effect on Navient?

The College Meltdown reaches elite universities.... https://www.linkedin.com/pulse/2u-whistleblowers-detail-rampant-overpricing-behavior-dahn-shaulis/

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Post ID: @OP+11iAN3Xp

Fox in charge of hen house

https://www.forbes.com/sites/zackfriedman/2019/08/26/student-loans-elizabeth-warren/#577178f33466

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| 890 views | | no replies yet
Post ID: @OP+10JORAR4

Music to remember how evil life is..

Lots of pain (blues, metal, etc.) around https://www.youtube.com/watch?v=QQtb8EtD458 https://www.youtube.com/watch?v=hfNm_z48gig https://www.youtube.com/watch?v=w5JBNcTDtVo https://www.youtube.com/watch?v=96KiSEMHy7Y Here's a really good rap from a... — read more 

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| 941 views | | 1 reply (July 8, 2019)
Post ID: @OP+ZW98PTK

Maine becomes the latest state with a 'Student Loan Bill of Rights'

"The legislation follows similar actions taken by about a dozen states, including Connecticut and Illinois..." https://finance.yahoo.com/news/more-states-are-taking-matters-into-their-own-hands-on-student-loans-142352038.html

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| 990 views | | no replies yet
Post ID: @OP+ZFbVDAN

Meet Josh Shapiro

"His lawsuit against Navient is one of about a half dozen around the country against the student-loan servicer. So why is he picking up the mantle of the defanged Consumer Financial Protection Bureau? Because the state is ground zero for student-loan... — read more 

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| 1145 views | | no replies yet
Post ID: @OP+ZtYTyO3

Navient issuing private student loans

This will hasten the College Meltdown. https://seekingalpha.com/pr/17478287-earnest-launches-private-student-loans

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Post ID: @OP+YBBblx8

Canyon Capital proceeds with proxy fight at Navient

A takeover will lead to downsizing, but downsizing is inevitable. Looks like a sinking ship... https://seekingalpha.com/news/3448625-canyon-capital-proceeds-proxy-fight-navient

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| 1130 views | | no replies yet
Post ID: @OP+Yqd4n8W

Hoping for a recession? Think again...

"Some investors in higher education may be hoping for an economic downturn, because the industry has typically been counter-cyclical. But this time, there may be no guarantee that a recession will improve the financial condition of the industry... — read more 

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Post ID: @OP+YiRkLca

"Condemned to Debt"

News and analysis of the student loan mess by Professor Richard Fossey https://www.condemnedtodebt.org/

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Post ID: @OP+XQC8eWd

Workers Expose Subprime College Crash in Real Time at TheLayoff.com

"Other pages to watch the larger college meltdown include student loan servicers such as Navient, Sallie Mae, and Nelnet, private colleges such as Liberty University, internet lead generators such as QuinStreet and public universities such as... — read more 

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| 1100 views | | no replies yet
Post ID: @OP+XNTUBwK

Takeover from Canyon Capital?

This should be interesting...but it certainly doesn't look good for workers. https://seekingalpha.com/news/3434479-navient-surges-6_4-percent-canyons-still-willing-deal

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Post ID: @OP+XIFhsTP

America's Most Endangered Private Colleges in 2019

"In 2016, Jeff Selingo and EY published a report stating that more than 800 schools were facing major downsizing, mergers, and closures. But their report did not list the schools most likely to fail. It would appear that higher education and business... — read more 

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| 1180 views | | no replies yet
Post ID: @OP+Xi6r2wj

Deceived by DeVry

In 2019, DeVry University continues to deceive consumers through its DeVry website and online recruiting. As a subsidiary of Cogswell Education and Palm Ventures, a shoe-string operation in comparison to its previous parent company, matters could get... — read more 

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| 1130 views | | no replies yet
Post ID: @OP+XfyU33n

College Meltdown shows few signs of slowing in 2019

"Student loan debt continues to rise. In 2018, there was a significant number of news articles disclosing the negative effects of student loan debt on the lives of Millenials and their families."... — read more 

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| 965 views | | no replies yet
Post ID: @OP+X4PUVfB

Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Navient Corporation

"KSF’s investigation is focusing on whether Navient’s officers and/or directors breached their fiduciary duties to Navient’s shareholders or otherwise violated state or federal laws. If you have information that would assist KSF in its investigation... — read more 

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Post ID: @OP+X0fTCGZ

Navient shares continue to drop

How low can it go? https://seekingalpha.com/symbol/NAVI

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Post ID: @OP+Wy8c8j0

Say hello to Seth Frotman

Are you prepared? https://www.washingtonpost.com/local/education/new-watchdog-group-aims-to-spur-action-on-student-debt/2018/11/27/8d07afa6-f288-11e8-aeea-b85fd44449f5_story.html?utm_term=.b85cec1e5cc6 https://www.npr.org/sections/money/

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Post ID: @OP+WpBD0uW

Student loan justice and others

Student Loan Justice, Strike Debt, Debt Collective, ITT Tech Warriors, I Am Ai, Higher Ed Not Debt are just a few groups looking for debt relief. https://collegemeltdown.blogspot.com/

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Post ID: @OP+WpxkxBI

AP Expose About Navient

"One of the nation’s largest student loan servicing companies may have driven tens of thousands of borrowers struggling with their debts into higher-cost repayment plans. That’s the finding of a Department of Education audit of practices at Navient... — read more 

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Post ID: @OP+WkoQBDf

Bottom Line: Revenues down 17%

Read all the other BS here... https://seekingalpha.com/article/4213955-navient-corp-navi-ceo-jack-remondi-q3-2018-results-earnings-call-transcript?part=single

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Post ID: @OP+VU1km81

The Student Loan Debt Crisis Is About to Get Worse (Bloomberg)

"The next generation of graduates will include more borrowers who may never be able to repay." https://www.bloomberg.com/news/articles/2018-10-17/the-student-loan-debt-crisis-is-about-to-get-worse

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| 1024 views | | no replies yet
Post ID: @OP+VH75rEq

NAVIENT INVESTIGATION INITIATED by Former Louisiana Attorney General

NEW ORLEANS--(BUSINESS WIRE)-- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Navient Corporation (NasdaqGS: NAVI)... — read more 

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Post ID: @OP+VC8IsRm

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