The settlement agreement announced last week is intended to resolve claims that Navient engaged in unfair and deceptive practices by allegedly steering some federal student loan borrowers into forbearance (instead of income-driven repayment plans and certain loan forgiveness programs), and by allegedly issuing subprime private student loans to borrowers who were attending predatory for-profit institutions that were unlikely to equip them with the skills or career prospects necessary for them to repay those loans. The claims were part of a lawsuit brought against the student loan company by several state attorneys general. Navient has consistently denied any wrongdoing, and the settlement agreement specifically includes no admission of liability or misconduct by the company.