THE EVERETT ADVOCATE – FRIDAY, JANUARY 21, 2022 Page 19 Help us pave the way to a new community at St. Therese Purchase an engraved brick on the pocket park path T he Neighborhood Developers (TND) and the Everett Historical Commission is excited to offer a unique opportunity for you to be part AG HEALEY | FROM PAGE 18 tion, including a large portfolio of loans made under the Direct Loan Program and a smaller portfolio of loans made under the Federal Family Education Loan (FFEL) Program. On October 20, 2021, the U.S. Department of Education announced the transfer of this contract from Navient to Aidvantage, a division of Maximus Federal Services, Inc. However, Navient will continue to service federal student loans made under the FFEL Program that are owned by private lenders, as well as non-federal private student loans. Healey has been a national leader in bringing action against deceptive practices in the student loan industry. In February 2021, she announced a settlement with one of the largest federal student loan servicers in the country – Pennsylvania Higher Education Assistance Agency, d/b/a FedLoan Servicing – that secured individualized account reviews and associated relief for numerous Massachusetts student loan borrowers, including public servants and teachers. The Attorney General’s Office has also uncovered widespread misconduct at Education Management Corporation, ITT Technical Institute, Corinthian Colleges, American Career Institute and numerous other for-profit schools, and secured tens of millions of dollars in relief for thousands of defrauded student borrowers in Massachusetts. As a result of the settlement, which requires court approval, consumers receiving private loan cancellation will receive a notice from Navient along with refunds of any payments made on the For Advertising with Results, call The Advocate Newspapers at 617-387-2200 or Info@advocatenews.net of the St. Therese project. The pocket park located at St. Therese will incorporate architectural elements from the church building and an intercanceled loans after June 30, 2021. Navient will also alert the credit reporting bureaus to remove the trade lines associated with the cancelled loans. Federal loan borrowers who are eligible for a restitution payment will receive pretive exhibit to honor the rich history of St. Therese Parish in Everett. You too can be part of the St. Therese by purchasing an engraved brick a postcard in the mail from the settlement administrator later this spring. Federal loan borrowers who qualify for relief under this settlement do not need to take any action, except to update or create their studentaid.gov ac(size 4” X 8”) that will be part of a walking path located in the park. The cost per engraved brick will be $100. Engraving of up to three lines (20 charcount to ensure that the U.S. Department of Education has their current address. For more information, visit www.NavientAGSettlement. com. Massachusetts borrowers with questions about this settlement can also visit mass. acters each). For more information, visit the website at www.theneighborhooddevelopers.org or call 617-545-8325. gov/ago/navient. Massachusetts borrowers who are looking for help or information can call the Attorney General’s Student Loan Assistance Helpline at 1-888-830-6277 or file a Student Loan Help Request.
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