170,000 borrowers to see student loan debt erased

170,000 borrowers to see student loan debt erased  USA Today

The Education Department will erase roughly $11 billion in federal student loan debt owed by more than 170,000 borrowers after a federal appeals court rejected the Trump administration’s attempt to delay relief for students who claimed they were defrauded by their schools. The July 17 ruling stems from a yearslong clas

This student loan forgiveness program is still available to borrowers, but only certain types will qualify now.

The settlement covers borrowers who alleged that their schools misled them about things like job prospects or earnings potential.

There is cross-party support for reform of the Plan 2 system that is crippling a generation of graduates.

Student loan borrowers were wrongly told they were in default as MOHELA errors add to confusion over Trump’s new repayment plans and SAVE plan changes.

Student-loan borrowers mistakenly received notices from their servicer that their accounts were past due. hxdbzxy/Getty Images Some student-loan borrowers mistakenly received notices that their accounts were past due. The Education Department said that affected borrowers will receive emails notifying them of the error

The sprawling case, centered on students defrauded by for-profit schools, has now become the largest class-action settlement in American history.

450K borrowers’ debt relief: Who is eligible to have their debt forgiven?  MARCA

Student Loan Borrowers Trying To Restore SAVE Plan Face Legal Setback  Forbes

Because of Republicans who passed Trump’s so-called One Big Beautiful Bill, an entire generation that was told that borrowing to get a college degree was the way to get ahead may be repaying that debt for most of their working lives.

The borrowers say they were defrauded by their colleges, but the class-action lawsuit to erase their federal student loans has been tangled up in courts for years.

The Trump administration opened a federal investigation into Denver Public Schools after a teacher allegedly required same-sex students to kiss in class.