November 13, 2023
Settlement for students defrauded by Navient
In a case spanning several states, Jones Swanson helped secure a settlement for students defrauded by the giant loan servicer Navient. Read article…
News and Analysis
April 24, 2018
Judge rules nationwide class action allegations may proceed against Navient
Update: Since this article was posted, Jones Swanson and co-counsel have had two more wins in cases involving student loans and bankruptcy. In both of those recent cases, judges in the Eastern District of New York have denied defendants’ motions to dismiss. The cases are Homaidan, et al. v. SLM…
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. With a new understanding of the Bankruptcy Code in courts around the country, and a putative nationwide class action alleging that the nation’s biggest student loan servicer, Navient,…
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…
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