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MarketWatch: Trump inherits a $1.6 trillion student-loan crisis. What he does next will impact millions of borrowers.
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MarketWatch: Trump inherits a $1.6 trillion student-loan crisis. What he does next will impact millions of borrowers.

‘“It’s so draconian,” Connor said of proposals to limit or repeal borrower defense. “It would put student-loan borrowers in a worse place than any other kind of borrower, and it’s such an odd thing to do in the context of a lending program that is both meant to facilitate an educated workforce and populace, but also where the loans are the device of access that we’ve settled on.”’

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STATEMENT from the Project on Predatory Student Lending on President Biden’s Latest Borrower Defense Discharges
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STATEMENT from the Project on Predatory Student Lending on President Biden’s Latest Borrower Defense Discharges

PPSL issued the following statement on President Biden’s announcement today that the Biden-Harris administration will approve additional student debt relief measures, totaling announcements of $183.6 billion in student loan forgiveness for more than 5 million borrowers since taking office. 

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POLITICO: Supreme Court to review decision on student borrower defense case
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POLITICO: Supreme Court to review decision on student borrower defense case

“The reason the administration wanted the Supreme Court to look at the case is because it’s fundamentally wrong and stripping away a critical protection for students that Congress inarguably authorized,” Eileen Connor, the president of PPSL said in an interview on Friday. “I hope this will be an opportunity to correct the 5th Circuit.”

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