Navient Corp
Navient Corp is a company that provides loan management, servicing and asset recovery services to education, health care, business and government clients. It was originally founded in 1973 as the Student Loan Marketing Association (Sallie Mae). In 2014, Sallie Mae split into two companies: Navient Corporation and Sallie Mae Bank. Navient Corporation serves 12 million consumers with loans from higher education institutions and federal agencies such as the Department of Education. The company has offices located throughout the United States as well as operations in India and Philippines. Its primary objective is to provide customer service for borrowers through its various services including loan origination & underwriting; default prevention & resolution; payment processing & accounting; customer support; data analytics & reporting; collections & recoveries; technology solutions; litigation services and bankruptcy servicing. In 2020, Navient generated $2 billion in revenue while managing over $300 billion in student debt on behalf of more than 12 million customers across all lines of business.
Headquarters
123 SOUTH JUSTISON STREET SUITE 300, WILMINGTON, DE 19801