US Department of Education to cancel $6bn in student loan debt in proposed settlement
The US Department of Education has announced it will cancel around $6bn in student loan debt for borrowers who accused the agency of ignoring their claims for loan cancellations. The move will benefit 200,000 individuals and is part of a proposed settlement that was filed in a San Francisco federal court. The settlement is related to a 2019 class-action lawsuit named Sweet v. Cardona, which included more than 150 colleges accused of fraudulently inducing students to enroll. Among the institutions named in the suit are DeVry University... Читать дальше...