A student loan servicing and financial services company, Navient collects and manages student loans for borrowers and the government, helping millions of people track and pay down their debt. It was born in 2014 when the giant Sallie Mae split in two, with Navient taking over the loan servicing business while Sallie Mae kept its banking side. Its name comes from "navigation," reflecting its goal of helping borrowers steer through the maze of student loan repayment.
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