hello dimsdale I'm jet y Beto with today's editorial which technically makes it a joral navient has been banned from servicing federal student loans and must pay $120 million to settle a lawsuit filed by the Consumer Financial Protection Bureau the law suit dating back to 2017 accused naviant of misleading borrowers and mishandling payments this settlement follows previous legal actions including a $1.85 billion agreement in 2022 and a $100 million payout in 2014 for overcharging military members under the new settlement $100 million will go to affected borrowers while naviant will pay a $20 million fine the cfpb criticized naviant for placing borrowers in forbearance instead of offering better repayment options leading to increased costs Navy ant denies wrongdoing from all of us here Stay classy dimsdale