Search results
Results from the WOW.Com Content Network
Borrowers with pending discharges erroneously placed in repayment. Some borrowers whose debt was pending discharge as part of the borrowers defense discharge were put back in repayment status ...
A borrower defense loan discharge occurs when a borrower can show that their college or university violated state law related to your student loan or related to the educational services provided ...
So far, he’s canceled $22.5 billion for more than 1.3 million borrowers through the borrower defense program for people who went to schools like the now-defunct, for-profit Corinthian Colleges.
The Biden administration has approved $14.5 billion in discharges for nearly 1.1 million borrowers who were defrauded by their colleges, since it has been in office, according to the Department of...
The Supreme Court decided Friday to take up the Biden administration’s appeal defending its proposal to ease applications for the Borrower Defense student debt relief program. In a brief order ...
In 2018, the group joined the American Federation of Teachers to launch an investigation into the failure of the Public Service Loan Forgiveness program. [15] Over the course of three years, Student Borrower Protection Center supported litigation by teachers and uncovered evidence of government mismanagement and industry abuses across the student loan system, including evidence that Public ...
FSA is a Performance-Based Organization, and was the first PBO to be established in the US government. [ 1 ] Federal Student Aid is also responsible for the development, distribution, and processing of the Free Application for Federal Student Aid (FAFSA), the fundamental qualifying form used for all federal student aid distribution programs, as ...
$2.1 billion discharged under borrower defense . ... Around 116,000 claims have been approved, and 110,000 pending and awaiting adjudication. Many claims stalled during the Trump administration.