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Navient Corporation (NAVI) has discussed its strategic transformation progress and growth plans for its Earnest division. The company's CEO, David Yowan, and Head of Investor Relations, Jen Earyes, presented an illustrative financial model for Earnest, which adjusts for anticipated changes in operations and a more optimized funding structure. The model is intended for illustrative purposes only and does not represent a forecast of future results. Actual results may differ due to various factors, including those discussed in Navient's Form 10-K.

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