Josh Shapiro

Navient student loan lawsuit bears watching

Navient student loan lawsuit bears watching

As millions of borrowers struggle to stay current on their student loans, a new lawsuit filed against the nation's largest student loan servicing company could provide some relief.

The suit, filed earlier this month by Pennsylvania Attorney General Josh Shapiro against Navient Corp. and a Navient subsidiary could affect thousands of borrowers in the Keystone state. But the legal battle, which could take several years to play out, also bears watching by anyone who has student loans serviced by the company and who has run into problems with repayments. Also potentially affected are some of those who borrowed from Sallie Mae, Navient's predecessor company.

According to...