Money Under 35 - Second Annual Survey

Chicago, IL- This is the second report in the Money Under 35 series, a Navient national study conducted by Ipsos designed to measure the financial well-being of young adults between 22-35 years old at all levels of educational attainment, including those with a high school or less education, those who attended some college without earning a degree, and those have earned associate's, bachelor's, master's, professional, or doctoral degree. The 2016 study finds an improved financial picture for young adults compared to 2015.

Young adults see themselves as more financially secure in 2016 than in 2015. More young adults report being employed full time compared to last year. The majority (83%) are in "good" or "excellent" financial health this year according to the Money Under 35 index, with an increase in those scoring in the "excellent" range compared to 2015.

To provide comprehensive evaluation of financial health, Ipsos created an index of financial health that incorporates a number of objective and behavioral elements. On average, young adults ages 22-35 score a 63 in the financial health index, giving them a `good' rating overall. The majority of young adults fall into the good category (60%). In 2016, more young adults score in the excellent category (25% compared to 20% in 2015) and fewer young adults have a poor score (15% compared to 17% in 2015).

Young adults appear to have a realistic view of their own financial health. Those who view their own financial health as excellent (rating of 10 on a 10-point scale) or report having an excellent credit score (750+) also score well in the financial health index (71% and 53% excellent financial health, respectively). Similarly, 60 percent of young adults who view their financial health as very poor (1 on a 10-point scale) have a poor financial health index rating.

Navient's Money Under 35 study is available at navient.com/moneyunder35 . Connect with @Navient on Facebook, Twitter and LinkedIn.

For more information on this news release please contact:

Jennifer Berg Account Manager Ipsos Public Affairs 312.526.4224 [email protected]

As the nation's leading loan management, servicing and asset recovery company, Navient (Nasdaq:NAVI) helps customers navigate the path to financial success. Servicing more than $300 billion in student loans, the company supports the educational and economic achievements of more than 12 million Americans. A growing number of public and private sector clients rely on Navient for proven solutions to meet their financial goals. Learn more at navient.com.

Ipsos is a global independent market research company ranking third worldwide among research firms. With offices in 87 countries, Ipsos employs over 16,000 staff globally and generated approximately e1.79 billion in revenue in 2015.