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Mass. Student Borrowers Share In $1.85 Bil Settlement

Attorney General Maura Healey announced a settlement Thursday with student loan servicer Navient that will result in $41 million in student loans for Massachusetts borrowers being forgiven. [Screenshot]

More than 1,500 borrowers in Massachusetts will see their student loans forgiven as part of a $1.85 billion national settlement that Attorney General Maura Healey and 38 other states reached with student loan company Navient to resolve allegations that it misled borrowers into entering costly repayment plans that added to their balances.

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Data as of 5 p.m. Friday.
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