 | |
| Formerly | Sallie Mae |
|---|---|
| Company type | Public |
| Industry | Financial services |
| Founded | 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 |
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]
- ^ "Navient". Forbes. Retrieved May 24, 2023.
- ^ Christel, Patricia Nash; Lavoie, Nikki (May 1, 2014). "Navient celebrates launch as new leader in loan servicing and asset recovery, dedicated to helping customers navigate the path to financial success" (Press release). Navient.
- ^ Cite error: The named reference
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