Eligible Borrowers for 450K Debt Relief
A court ruling has mandated automatic debt cancellation for approximately 200,000 borrower defense claims related to the $23 billion Sweet v. McMahon settlement. The settlement offers loan forgiveness, refunds, and credit removal for borrowers whose colleges misled them about earnings and transferability, provided their claims were unresolved by specified deadlines. This ruling ensures relief for eligible post-class applicants whose claims missed the deadlines, without requiring them to reapply.
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