Consumer advocates applauded the justices' decision.
"Today's swift and decisive action from the highest court should end, once and for all, any ongoing debate about the legitimacy of this settlement," said Eileen Connor, president and director of the Project on Predatory Student Lending. Career Education Colleges and Universities, a trade association representing for-profit colleges, did not immediately respond to a request for comment.Relief is a result of class-action lawsuit by borrowers
Starting around 2015, the U.S. Department of Education was flooded with requests for loan forgiveness from students who said their school had misled them.
Hey Trump family! Pay your debts, deadbeats.
Pay. Your. Debts. Deadbeats.
I better qualify because I was censored to for homeland security at university of Phoenix and I was hacked after my first assignment. It would just spin and not send. I refused to pay for schooling that I didn’t get a fair chance to complete school.
Screw that.
students deserve refunds with interest
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Supreme Court may be open to another legal route to cancel student debtThere's another legal route Biden can use to cancel student debt, and the Supreme Court's latest move shows the justices could be open to it This would make a lot more sense if we didn't have trillions in debt and weren't on the cusp of WWIII. Also, the interest on the debt is about to overtake the amount of taxes coming in.
Source: BusinessInsider - 🏆 729. / 51 Read more »