In 2019, the Project on Predatory Student Lending, on behalf of borrowers who believed they were defrauded by the schools they attended, filed a lawsuit — now known as over stalled borrower defense claims, which are claims borrowers can file to get their debt discharged if they can prove they were defrauded by their school.
While the lawsuit was not resolved under former President Donald Trump's Education Sec. Betsy DeVos, President Joe Biden's Education Sec. Miguel Cardona took it on. Cardona agreed to a settlement last summer in the case that would give 200,000 impacted borrowers $6 billion in debt relief. But in January, two for-profit higher-education companies — Lincoln Educational Services Corp. and American National University — and Everglades College, Inc.
"Appellants fail to demonstrate a sufficient probability of irreparable harm to warrant a stay of the challenged settlement pending these appeals," the court wrote in its decision.
为20万名借款人免除60亿美元的学生贷款刚刚扫清了另一个障碍,所有参与这场长达数年的诉讼的成员现在都可以获得救济
This is unnacceptable.. I paid all my loans. Can't afford it... go to your community college.