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Navient is a student loan servicer that used to be part of the SLM (Sallie Mae) corporation.  In 2010,  Sallie Mae separated its education loan business from its consumer lending operation, following legislation that cut companies out of the government-guaranteed student loan market. Navient services loans for about 12 million people. [http://online.wsj.com/news/articles/SB10001424127887324866904578512864250143212 Read more here. ]

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