Navient
Student debt collection service based in Wilmington, Delaware / From Wikipedia, the free encyclopedia
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Navient Corporation is an American student loan servicer based in Wilmington, Delaware. Managing nearly $300 billion in student loans for more than 12 million debtors, the company was formed in 2014 by the split of Sallie Mae into two distinct entities: Sallie Mae Bank and Navient. Navient employs 6,000 people at offices across the U.S.[2] As of 2018, Navient services 25% of student loans in the United States.[3]
Quick Facts Formerly, Company type ...
Formerly | Sallie Mae |
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Company type | Public |
Industry | Financial services |
Founded | April 30, 2014; 10 years ago (April 30, 2014) |
Headquarters | Wilmington, Delaware, U.S. |
Key people | David L. Yowan (President and CEO) |
Revenue | US$2.21 billion (2021) |
Total assets | US$70.795 billion (2022) |
Number of employees | 4,000 (2022)[1] |
Website | navient |
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