April 24, 2018

Judge rules nationwide class action allegations may proceed against Navient

An estimated 16,000 student debtors got one crucial step closer to getting some loan relief last month when a Texas judge ruled in a nationwide putative class action that some private student loans are dischargeable in bankruptcy. The case is Evan Brian Crocker, et al. v. Navient Solutions, LLC…

March 5, 2018

ABA: Student loan class actions take aim at “a massive effort to defraud student debtors”

The following article was originally published by the American Bar Association’s Business Torts and Unfair Competition Section on March 5, 2018.  In 2014, Austin Smith was a law student at the University of Maine, looking for a topic to research for his law review note. He was also…

December 13, 2017

Bloomberg BNA: The looming collapse of student loan asset-backed securities

“Most of these debts were securitized into student loan asset backed securities, called SLABS. And within this universe of SLABS, there are entire SLABS filled with dischargeable student loans. For example, the SLM Private Education Student Loan 2009-CT Trust is composed of more than 100,000 loans made to students attending…

July 28, 2017

Jones Swanson, co-counsel, file nationwide class action against student loan giant Navient

In a case that could offer relief to thousands of student debtors across the country, Jones Swanson has joined with five other law firms to file a nationwide class action lawsuit against America’s biggest student loan servicer, Navient. The suit, Evan Brian Crocker et al. v. Navient…