Navient ended its contract with the U.S. Department of Education and sent all of the loans owned by the department to a new student loan servicer, Aidvantage. If Aidvantage has your loans, then the federal government owns your student debt. And that means you qualify for income-based repayment options and loan forgiveness programs. But you won’t be able to save money with a settlement. Visit the Federal Student Aid website, studentaid.gov, to see what other types of loans you have.