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The settlement, which involved over 100 schools, resolved a class-action lawsuit filed by lead plaintiff, Theresa Sweet, against Betsy DeVos, the U.S. Secretary of Education under the Trump ...
Only 3,458 out of 168,702 completed PSLF forms submitted met the requirements for loan forgiveness. TEPSLF had an approval rate of 3.4%, with only 224 forms out of 6,629 forms meeting the ...
A federal judge last week denied a request to halt a $6 billion class-action settlement over student loans in which about 200,000 borrowers claimed they were defrauded by the schools they attended....
The 568 Presidents Group was a consortium of American universities and colleges practicing need-blind admissions.The group was founded in 1998 in response to section 568 of the Improving America's Schools Act of 1994. [1]
The Education Secretary on Thursday announced a settlement of claims that would give roughly 264,000 student loan borrowers approximately $7.5 billion in debt relief.. The settlement resolves a ...
When student loan borrowers began applying for loan forgiveness 10 years after the program went into effect, most were denied relief. The White House said it made administrative fixes that ...
The total value of the settlement will be about $7.25 billion. [9] [10] This amount could be decreased based on the number of plaintiffs who opt-out. [11] A part of the settlement that allows merchants to charge fees to customers paying via credit card in order to recoup swipe fees took effect on January 27, 2013.
Seven GOP-led states filed the first lawsuit against Biden's broader student-loan forgiveness plan. The states say Biden is planning to implement the relief before the final rule is published.