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Supreme Court greenlights student loan forgiveness for defrauded borrowers. What's next? | USA Today
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Supreme Court greenlights student loan forgiveness for defrauded borrowers. What's next? | USA Today

“The schools set their sails to catch political headwinds by falsely equating the settlement of long-standing and hard-fought litigation with a completely distinct program of broad-based debt cancellation that is currently under review by the Supreme Court,” said Eileen Connor, president and director of the Project on Predatory Student Lending, in a statement.

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Student Borrowers Win Another Victory in Sweet v. Cardona as Supreme Court Denies Intervenors’ SCOTUS Petition Attempting to Stop Settlement 
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Student Borrowers Win Another Victory in Sweet v. Cardona as Supreme Court Denies Intervenors’ SCOTUS Petition Attempting to Stop Settlement 

The Supreme Court denied a petition filed by three intervening institutions—Lincoln Educational Services Corporation, American National University, and Everglades College, Inc.—asking SCOTUS to stay the $6 billion borrower defense settlement and seeking to bypass the standard appeals process.

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Student Borrowers in Sweet v. Cardona Defend $6 Billion Borrower Defense Settlement in SCOTUS Brief 
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Student Borrowers in Sweet v. Cardona Defend $6 Billion Borrower Defense Settlement in SCOTUS Brief 

In the class-action lawsuit Sweet v. Cardona, borrowers filed a brief with the Supreme Court of the United States in response to a petition filed by three intervening institutions—Lincoln Educational Services Corporation, American National University, and Everglades College, Inc.—asking SCOTUS to stay the $6 billion borrower defense settlement and seeking to bypass the standard appeals process, which is set to begin in May in the Ninth Circuit.

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$6 billion in student-loan forgiveness for 200,000 borrowers just cleared another hurdle | Business Insider
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$6 billion in student-loan forgiveness for 200,000 borrowers just cleared another hurdle | Business Insider

"In 2019, the Project on Predatory Student Lending, on behalf of borrowers who believed they were defrauded by the schools they attended, filed a lawsuit — now known as Sweet vs. Cardona — over stalled borrower defense claims, which are claims borrowers can file to get their debt discharged if they can prove they were defrauded by their school.”

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Student Loans: Court Allows $6 Billion in Forgiveness Funds To Proceed for 200,000 Borrowers | GoBankingRates
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Student Loans: Court Allows $6 Billion in Forgiveness Funds To Proceed for 200,000 Borrowers | GoBankingRates

“This means that settlement relief for those who attended the three intervening schools — American National University, Everglades College/Keiser University, and Lincoln Tech – can proceed,” the PPSL update stated. “At this time, the Department of Education can move forward with relief for all class members.”

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