Navient Corporation is one of the largest student loan servicers in the United States, responsible for managing and servicing student loans for millions of borrowers. However, there are instances where individuals or organizations seek to buy out Navient student loans. This may seem like an intrigui...
however, it becomes an asset that can be bought and sold on the market. Banks often sell student loans to anotherintermediary, which improves their capital ratio and allows them to make more loans.
Perkins Loans:Perkins loans are typically owned by the college or university that made the loan. However, also during the financial crisis, some of these loans were bought and are now owned by the U.S. Department of Education. Similar to FFEL loans, these loans don't have as many options...