Navient to stop servicing federal student loans

The lions who have been enabling the Global Debt Ponzi are bugging out folks.  In today's news, SoFi reports that Navient to stop servicing federal student loans.

Navient Seeks to Transfer Federal Student Loans

Navient, one of the largest student loan servicers in the US, is cutting ties with the US Department of Education and exiting the federal student loan servicing system.

The move leaves about 6 million borrowers without a servicer. Upon approval from the government, Navient plans to transfer its federal student loans to Maximus, another Department of Education contractor. The move comes as the Department of Education is changing how its $1.6 trillion student loan portfolio is managed. Lawmakers and consumer advocates have long said the system is poorly run. Navient and other student loan servicers have been accused of mishandling accounts. 

So, Navient wants out after having been set up to take the fall for the collapse of all this obviously bad debt.  Keep in mind that government will eventually throw all of its supporters under the bus because that is the modus operandi for the collapse of liberal criminal cartels.  Crime is in fact a liberal construct because liberalism is the tendency to consume before producing or, if they can get away with it, without producing at all.  True conservatives do not steal.  This is not to say everyone who is a dem is a thief and all gops are saints.  That's clearly not even remotely true.  Everyone has a blend of these liberal and conservative qualities which manifest in myriad ways.  Centrist dems are more likely to tell the truth and to be honest than RINO GOPs.

But liberalism and conservatism are in fact distinct and opposing constructs as I have detailed in these pages many times.  Debt is liberal in nature.  Saving is conservative in nature.  When the Global Debt Ponzi collapses, all of this bad debt is never going to be repaid.