Navient Corp - Company Profile
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Business Description
Navient Corp (Navient) provides technology-enabled education finance solutions, focusing on managing and servicing education loans. The company owns and manages a portfolio of US$30.9 billion in federally guaranteed Federal Family Education Loan Program (FFELP) Loans and US$15.7 billion in Private Education Loans. It reported total assets of US$51,789 million.
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Business Segments
Overview
Provided services such as omnichannel contact center services, workflow processing, and revenue cycle optimization. It served industries including government and healthcare, offering solutions to federal agencies, state governments, hospitals, and healthcare providers.
Performance
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Overview
Focuses on Private Education Loans, including refinancing and originating loans through the Earnest brand. It serves students and families navigating the college journey.
Performance
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Overview
Involves owning and managing a portfolio in federally guaranteed Federal Family Education Loan Program (FFELP) Loans. It serves the education finance industry by providing technology-enabled solutions to support customer success.
Performance
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Overview
Consists of the corporate liquidity portfolio, gains and losses from debt repurchase, and unallocated shared services expenses, including regulatory and restructuring expenses.
Performance
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