Signage is seen on the offices of Navient in Wilmington, Delaware, in June 2021.
Mandatory Credit:	Andrew Kelly/Reuters via CNN Newsource

Signage is seen on the offices of Navient in Wilmington, Delaware, in June 2021.
Mandatory Credit: Andrew Kelly/Reuters via CNN Newsource

Stories this photo appears in:

Tease photo

US bans Navient from servicing federal student loans

A federal regulator said Thursday that it is banning Navient from servicing federal student loans and ordering the company to pay $120 million.