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$6 Billion Student Loan Forgiveness Settlement Delayed As Group Seeks Court Intervention | Forbes
“This is an extraordinary failure by the Biden-Harris administration to comply with a settlement that impacts hundreds of thousands of people,” said Eileen Connor, President and Director of the Project on Predatory Student Lending, on Tuesday.
Biden promised 55,000 borrowers student-debt relief by January. They didn’t get it — and are heading to court. | MarketWatch
Some 195,000 borrowers scammed by their schools were supposed to have their debt wiped out by Jan. 28. Tens of thousands are still waiting.
Borrowers in major student loan relief lawsuit ask court to intervene to waive their debts | USA Today
The federal government says it "deeply regrets" the delay in fulfilling its end of the settlement agreement in Sweet v. Cardona, a $6 billion student debt relief case.
Borrowers ask judge to enforce $6 billion student loan settlement | Washington Post
The Biden administration is flouting a court-ordered deadline to cancel the student loans of people defrauded by their colleges, attorneys for the students say.
University of Phoenix has been bad for its students. Trust us. We know all about it | Idaho Statesman Opinion
At the Project on Predatory Student Lending, we represent more than one million student borrowers who were defrauded by for-profit schools, including many who attended the University of Phoenix. We have direct experience with the harm these schools cause, and the short-sighted efforts by public and private institutions of higher education to improve their bottom lines with dubious for-profit partnerships.
The Biden administration owes student debt relief to thousands. Many haven't seen it yet. | USA Today
The Biden administration may be in breach of a court settlement, plaintiffs say, after officials missed a key deadline to dole out student loan relief to duped borrowers.
Navient distanced itself from a controversial student-loan portfolio. Meanwhile, borrowers can’t escape. | MarketWatch
The company is transferring servicing of a batch of private loans to MOHELA, which has been dogged by complaints in recent months.
Colleges Confounded by Flood of Borrower-Defense Claims | Inside Higher Ed
In the borrower-defense program, the agency can grant relief if students were misled about their educational program or loan by their institution and harmed by it.
Court Blocks New Student Loan Forgiveness Rules In Latest Setback For Biden | Forbes
Advocacy groups for borrowers were critical of the ruling. “This unexplained order from the Fifth Circuit is a gift to those who wish to operate predatory education schemes with impunity. Borrower defense is an essential safeguard that has been in place for decades.” said Eileen Connor, President and Director of the Project on Predatory Student Lending in a statement. “
Biden's student debt forgiveness for defrauded borrowers blocked in federal court | USA Today
In a settlement for a case that traces back to the Trump presidency known as Sweet v. Cardona, Biden agreed to forgive $6 billion in debt relief for nearly 300,000 borrowers, for example. That relief isn't affected by Monday's injunction. Still, the group behind that push for relief was frustrated by the block of Biden-era rules.