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Navient Solutions
Navient Solutions is a publicly-traded education finance and business processing company founded in 1973, serving federal and private student loan clients.
Navient Solutions
Navient provides technology-enabled education finance that simplify complex problems and help millions of people achieve success.
General information
Firm type
other
Year founded
1973
Location
Region
North America
Country
United States
City
Wilmington
Corporate office
Wilmington, DE, United States
Sector focus
Frequently asked questions
Who runs investment decisions at Navient Solutions?
Navient Solutions is a publicly traded company; investment decisions are overseen by a board of directors and senior management. The company's most recent CEO was John (Jack) Remondi, who retired in 2021. As of the firm's most recent public filings, the CEO is David Yowan, and the CFO is Christian Lown.
Is Navient Solutions structured as a family office or a public corporation?
Navient Solutions is a publicly traded corporation on the Nasdaq under the ticker NAVI. It is not a family office.
Does Navient Solutions make direct investments or only lend?
Navient Solutions originates and services student loans; it does not make venture capital or private equity investments. Its investment-like activity involves building and managing a portfolio of student loan assets held on its balance sheet.
What is the size of Navient Solutions' loan portfolio?
Navient Solutions services approximately $300 billion in student loans for the federal government and manages a large owned portfolio of private student loans.
How does Navient Solutions generate revenue?
Navient Solutions generates revenue from net interest income on its owned student loan portfolio, servicing fees from federal and private clients, and fees from business processing services.
Is Navient Solutions still a government-sponsored entity?
No. Navient Solutions was once part of Sallie Mae, a government-sponsored enterprise, but it became an independent publicly traded company in 2014 and is now a private-sector corporation.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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