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List of Schools Where Borrowers Qualified for a Group Discharge. Since 2021, many borrowers have already had their loans discharged under a group discharge, including those who haven’t yet filed ...
There were 1,444 employees at FSA in 2024, ... included members of the borrower defense division, which assists students defrauded or misled by colleges, and the ombudsman's office, which solves ...
The proposal was unsuccessful, but the department stopped processing borrower defense claims while fighting challenges in court. As a result, a backlog of more than 200,000 claims piled up ...
The Borrower Defense program allows individuals who were defrauded by their school to receive loan forgiveness. Notable examples include Corinthian Colleges and ITT Technical Institute.
Biden's Education Department has canceled student debt for nearly 5 million borrowers over the past years, including $28.7 billion for more than 1.6 million borrowers who were defrauded by their ...
The administration has also opened the door for more students who feel defrauded by their colleges to file “borrower defense” claims to get their debts canceled. ... By April 2024, Biden ...
November 24, 2024 at 12:00 PM. ... Trump’s proposal would have eliminated the program for new borrowers only. Borrower defense to repayment: ...
Then-Secretary of Education Betsy DeVos rewrote the Borrower Defense to Repayment, which discharges federal student loans if a school misled a student or “engaged in other misconduct in ...