More than 170,000 federal student loan borrowers who say they were defrauded by their schools are set to have their debts erased after a federal appeals court rejected the Education Department's effort to delay relief.
The ruling affects borrowers covered by Sweet v. McMahon, formerly known as Sweet v. Cardona and Sweet v. DeVos, a years-long class-action case over the Department of Education's handling of borrower-defense applications.