To: U.S. Securities and Exchange Commission

Tell the SEC: Allow Navient Shareholders More Transparency

I want to know that companies holding the investments of American workers are treating folks with fairness and respect. I urge the U.S. Securities and Exchange Commission to allow shareholders a transparent look into Navient’s debt collection practices.

Why is this important?

Navient is a major player in the student loan debt recovery industry, with hundreds of millions in government contracts and major investments by organizations like the AFL-CIO. But an increasing stream of bad stories about the company is appearing in the media.

From the despicable overcharging of active-duty military personnel, for which the company paid a $97 million settlement, to a series of investigations into the company's practices that have been launched by state attorneys general and federal government agencies, there are serious questions about the way Navient is conducting its business.

That’s why we’re asking the U.S. Securities and Exchange Commission to allow Navient shareholders to vote for more transparency into the company and its activities. Potentially bad practices jeopardize the investments made in Navient because they endanger the company’s reputation, which could lead to a loss of government contracts and the elimination of other opportunities. It’s important that we, as taxpayers and investors, get a greater understanding of Navient’s policies and practices.

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