Navient reaches $1.85 billion settlement over student loan practices

In the Washington region, nearly 2,000 residents of Virginia will receive a total of $51.3 million in loan forgiveness, while another 13,588 people are due to receive forbearance payouts. In Maryland, 1,103 residents will have $34.4 million in debt canceled, with another 11,836 set to receive payouts. And 190 District residents will no longer owe $5.9 million in private loans, while 1,709 will receive compensation.

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