Thousands of student-loan borrowers are getting long-awaited debt cancellation from a $23 billion settlement

Student-loan forgiveness is finally here for thousands of borrowers.

A federal court denied the Department of Education's request to delay student-debt relief for borrowers entitled to relief under the Sweet vs. McMahon settlement. The settlement has allowed for $23 billion in relief for over 500,000 borrowers defrauded by their schools.

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Landmark Borrower Defense Case Sweet v. McMahon Becomes Largest-Ever Settlement Against the U.S. Government