Zack's Investment Research recently recommended that people buy stock for Navient (formerly Sallie Mae), the nation's largest servicer of student loans. This may seem curious given that the company is facing a historic lawsuit filed on January 18 from the Consumer Financial Protection Bureau (CFPB), that alleges (in agreement with aggrieved student borrowers) that the company has "illegally cheated many struggling borrowers" for years through "shortcuts and deceptions." Read more.
Ahead of the official introduction of his sweeping education platform in South Carolina this coming weekend, Sen. Bernie Sanders on Friday became the first 2020 presidential candidate to call for a national ban on for-profit charter schools. Read more.