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  2. Sweet Settlement Wipes Out $6 Billion in Student Loan Debt - AOL

    www.aol.com/finance/sweet-settlement-wipes-6...

    An estimated 200,000 defrauded former college students are set to have $6 billion in federal loan debt wiped clean as part of a proposed settlement agreement filed June 23 in federal court.

  3. Who Qualifies for Borrower Defense: Could Your School Owe You ...

    www.aol.com/qualifies-borrower-defense-could...

    In 2023, the Education Department broke down claims into six distinct areas and revamped the borrower defense application. You may qualify if your claim falls into any of six categories ...

  4. For-profit schools appeal student loan cancelation settlement ...

    www.aol.com/finance/profit-schools-appeal...

    The remedy is the dismissal of some or all of federal student loans. Under the settlement, about 200,000 of the class-action borrowers who applied for borrower defense and whose school is on the ...

  5. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    Student loan borrowers may have their existing federal student loan debt removed if they can prove that their school misled them. The program is called Borrower Defense to Repayment or Borrower Defense. Subsidies are conditional depending on financial need. Pricing and loan limits are determined by Congress.

  6. Biden forgives more than $6B in student debt for 317K ... - AOL

    www.aol.com/news/biden-forgives-more-6b-student...

    May 1, 2024 at 3:00 AM. The Biden administration announced Wednesday it would be forgiving $6 billion in student debt for borrowers who attended the Arts Institutes. The 317,000 borrowers will ...

  7. Student Borrower Protection Center - Wikipedia

    en.wikipedia.org/wiki/Student_Borrower...

    History. The Student Borrower Protection Center was founded in late 2018 by Seth Frotman, former student loan ombudsman at the Consumer Financial Protection Bureau; Mike Pierce, former lead higher education and consumer protection adviser at the bureau; and Bonnie Latreille, a former advisor to Frotman at the bureau.

  8. Class-action settlement provides $7.5 billion in student loan ...

    www.aol.com/finance/class-action-settlement...

    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 ...

  9. $6 billion loan settlement could spare grads of Florida ... - AOL

    www.aol.com/news/6-billion-loan-settlement-could...

    The settlement the lawyers drafted covered about 200,000 people nationally who had filed borrower defense applications at 153 schools listed for presumptive relief and either received no answer or ...

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