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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 ...
More than 7,100 student loan borrowers will receive $3.5 million in refund checks after a consumer protection agency said they were scammed by a student debt relief company in renegotiating ...
Facebook recently paid 1.4 million Illinois residents $397 in 2022 as part of a class action lawsuit for facial recognition breaches through its “Tag Suggestions” feature, per CNBC.
The settlement resolves claims alleged in four whistleblower lawsuits, one of which the government intervened in. In addition, the deal covers allegations made as part of a consumer fraud investigation by the attorneys general of 39 states and the District of Columbia over claims the company misled students about job placement rates and other ...
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....
MyRichUncle's co-founders, Raza Khan and Vishal Garg, met at Stuyvesant High School in New York City and attended New York University together. [2] [3] In June 1999, Khan and Garg incorporated Iempower Inc., planning to enable investors to purchase an economic share of an individual's future income stream for a set amount of time. [4]
'A day I never thought would happen'. The PSLF program, created by Congress in 2007, enables government and non-profit employees with federally-backed student loans to apply for forgiveness after ...
The New York Times reported in August 2007 that Jon Bruning, Nebraska Attorney General, allowed Nelnet to be forgiven the $1 million settlement the company reached with Bruning in April 2007. [16] [17] Nelnet was accused of industry wide kickbacks, improper inducements, and gifts from student loan providers to colleges and universities. Nelnet ...