News
Some student-loan borrowers with private debt have a chance to get their balances wiped out — but they have to ask for it | Business Insider
while Navient has a process for defrauded borrowers to get relief, many of them might not know about it because they have to request an application. The Project on Predatory Student Lending, which advocates for defrauded borrowers, published updated information on the steps borrowers need to take to apply for the relief
Student loan borrowers in the dark about little-known program that cancels ALL debt | Daily Mail
PPSL published Navient's application form and an instruction guide for borrowers with private loans seeking debt forgiveness based on the grounds that their school lied to them.
Navient Student Loan Forgiveness: What Borrowers Need to Know | NerdWallet
According to PPSL, Navient has recently begun sending out a “school misconduct discharge” application to a select group of borrowers who were defrauded by their colleges.
Private Student Loan Forgiveness Application Is Now Available, But Few May Be Aware | Forbes
A major national private student loan lender has quietly released a new application that provides a limited, but very real, pathway to potential relief.
There’s a Program to Cancel Private Student Debt. Most Don’t Know About It. | New York Times
“A nonprofit group is publicizing the relief program that Navient, a large lender, created for students who attended for-profit schools that misled them.”
Biden Debt Relief For Ripped-Off Art Institutes Students Is A Big Step. More Is Needed. | Republic Report
In a statement issued last week, the Project on Predatory Student Lending, which represents students abused by for-profit schools, explained well the private loan dimension to the EDMC scam: “EDMC … partnered with Sallie Mae (now known as Navient), to convince AI borrowers to take out private student loans to augment their federal student loans.”
Court Extends Student Loan Forgiveness Deadline As Borrowers Await Relief Under Settlement | Forbes
“Class Members are suffering serious, ongoing harm” due to the department’s failures, wrote the Project in its motion. Attorneys noted that borrowers were expecting to receive the settlement relief by January so that they could “pay for life necessities” such as healthcare or buying a car.
$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.