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If your borrower defense application shows that your school, either through an act or omission, misled students about loan terms or their education, the U.S. Education Department may approve a ...
$2.1 billion discharged under borrower defense . U.S. citizens and eligible non-citizens with federally-backed student debt can apply for borrower defense if their college or career school ...
With student loan payments for many borrowers set to start up again in October 2023, you may be wondering if you have any recourse. The SAVE Plan may help some borrowers reduce their payments down ...
“The new borrower defense webpage is filled with guiding language and tips to help borrowers successfully complete their applications and get the loan relief to which they are entitled ...
The first group of class members — approximately 200,000 borrowers — whose school is on the list will “automatically ... government make final decisions on borrower defense applications, so ...
Some borrower-defense applications are still pending, and lawmakers are pushing for prompt relief. Biden has canceled student debt for more than 1 million borrowers defrauded by their schools.
Borrowers can apply for a program similar to borrower defense to repayment. You must be able to prove that your school or institution defrauded you in some way.
Student loan forgiveness has become a hot-button issue ever since President Joe Biden promised it on the campaign trail in 2020. While broad student loan forgiveness was struck down by the Supreme...