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Violation Tracker Individual Record

Company: Navient
Current Parent Company: Navient
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $3,972,316
Year: 2022
Date: May 6, 2022
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Navient agreed to provide $3,972,316 debt relief in settlement of allegations it steered students towards high interest loans at for-profit colleges with low graduation rates.
Level of Government: state
Action Type: agency action
Agency: Idaho Attorney General
Civil or Criminal Case: civil
Facility State: Idaho
HQ Country of Current Parent: USA
HQ State of Current Parent: Delaware
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: financial services
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.