student loan debt

Debt is expected to hit a record high, but inflation-adjusted levels remain below 2008. Nearly half say they’re financially maxed out.

The state had accused Navient of deceptive conduct, unconscionable commercial practices, and misrepresentation in servicing thousands of New Jersey consumers’ student loans over a decade.

A freeze on loan payments in place during the COVID-19 pandemic is set to expire in less than two months, prompting a renewed call from U.S. Sen. Bob Menendez, D-NJ, for canceled student debt.