AdvertisementNavient reaches a deal to cancel $1.7 billion in student loan debtsUpdated January 13, 2022Cory TurnerfacebookEmailAs part of the settlement, the loan servicing company Navient agreed to pay $95 million for states to offer affected borrowers some reimbursement — roughly $260 each to 350,000 borrowers. (Sipa USA via Reuters)This article was originally published on January 13, 2022.