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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 ...
With her loans discharged through the settlement, "honestly, this is just life changing, to be able to go to school to teach every day and not have to deal with the anxiety and the anguish and 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....
A lawsuit filed by two conservative groups to block the Biden administration's cancellation of $39 billion of debt for 804,000 student loan borrowers was dismissed by a federal judge on Aug. 14.
Specifically, the organization calls for the return of standard consumer protections to student loans, including bankruptcy protections and statutes of limitations. The organization also calls for the removal of exemptions given uniquely to the student loan industry from Fair Debt Collection Practices Act, the Truth in Lending Act, and state usury laws. [1]
Now that student loan servicing company Navient has agreed to a $1.85 billion settlement over alleged predatory and deceptive lending practices, tens of thousands of loan recipients might soon be...
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]
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 ...