Navient will cancel $1.7 billion in private student debt for 66,000 borrowers, along with $95 million in restitution payments for 350,000. Student-loan company Navient reached a $ 1.85 billion settlement with 39 attorneys general. Here's how to know if you are eligible for that relief.

The attorneys general said Navient steered student-loan borrowers into deeper debt instead of setting them on track for affordable repayment plans. They also claimed Navient originated "predatory" privateStudent-loans for borrowers who attended for-profit schools regardless of their abilities to afford paying those loans back. Navient denied any wrongdoing.

Within the terms of the settlement, Navient is required to cancel $1.7 billion for 66,000 borrowers with private student loans. Navient will distribute $95 million in restitution payments to about 350,000 federal borrowers who were placed in long-term forbearances. Here's how to know if you qualify for that student-debt relief.

You will not need to take any action to receive this relief. You will be able to use this information to help people in your community. You can also use it to help those in need in the UK and the U.S. to get back on their feet and get back to work.
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