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Defrauded by a For-Profit College? A New Court Ruling May Help you Cancel Out Your Loan Debt | Market Place

At least one class of borrowers carrying the ever-growing burden of student debt could possibly find some relief coming by way of a court ruling made earlier this week. The ruling was tied to the fates of institutions like the for-profit ITT Tech, which went bankrupt in 2016 amid allegations of deceptive practices, leaving tens of thousands of students stranded with federal loans. They could get those discharged, but they first needed to know the option was available and then how to apply for it, said attorney Julie Murray.

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Judge Orders Betsy DeVos To Begin Student Loan Forgiveness | Forbes

A federal judge ordered Tuesday that the U.S. Department of Education, led by Betsy DeVos, must implement immediately an Obama-era student loan forgiveness rule. Attorneys general from 19 states, plus the District of Columbia, sued U.S. Secretary of Education Betsy DeVos and the U.S. Department of Education for delaying a borrower protection rule that was scheduled to take effect beginning July 1.

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