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Schools Seek To Block $6 Billion In Student Loan Forgiveness Under Approved Settlement | Forbes
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Schools Seek To Block $6 Billion In Student Loan Forgiveness Under Approved Settlement | Forbes

“This appeal demonstrates just how desperate these schools are to deny justice for borrowers, and we will not stop fighting until students get the relief they deserve,” said Eileen Connor, President and Director of the Project on Predatory Student Lending (the organization representing the borrowers) in a statement. “The court’s decision granting approval of this settlement is clear and unequivocal, and we are confident the [appeals court] will agree with [the district court judge] that these claims are without merit. As ever, we will continue to see this case through to the end.”

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Student Loan Forgiveness Could Be Big In 2023: Here’s What To Expect | Forbes
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Student Loan Forgiveness Could Be Big In 2023: Here’s What To Expect | Forbes

“Within one year of the effective date of the settlement agreement—currently, January 17, 2023— class members will have their outstanding loans relating to these schools fully discharged,” according to the Project on Predatory Student Lending, the organization representing the class of borrowers. Some borrowers may also receive refunds of past payments as well as credit repair.

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