News
200,000 student-loan borrowers get a 'grand slam' after a federal judge moves them closer to $6 billion in debt cancellation | Insider
Thousands of student-loan borrowers defrauded by for-profit schools just got one step closer to getting their debt wiped out.
Judge Grants Preliminary Approval of Borrower Defense Settlement in Sweet v. Cardona
On Thursday, August 4, Judge William Alsup granted preliminary approval of the proposed joint settlement in the lawsuit Sweet v. Cardona. Upon final court approval, the settlement will immediately cancel at least $6 billion in federal student loans for approximately 200,000 individuals.
Hearing Scheduled for Thursday in Sweet v. Cardona on Borrower Defense Settlement
On Thursday, August 4, Judge William Alsup will hold a hearing on preliminary approval and intervention in the lawsuit Sweet v. Cardona, regarding the proposed joint settlement agreement and colleges’ motions to intervene in the settlement. Upon final court approval, the settlement will immediately cancel at least $6 billion in federal student loans for approximately 200,000 individuals.
The Project on Predatory Student Lending Relaunches as Independent, Nonprofit Organization
The Project, which has grown to represent over one million student borrowers, will officially spin-off from the Legal Services Center at Harvard Law School on August 1st.
Student Borrowers Respond to Institutions’ Attempts to Intervene in Borrower Defense Settlement | Press Release
Student borrowers filed a brief in the lawsuit Sweet v. Cardona, in response to colleges’ motions to intervene in the proposed joint settlement agreement that, upon court approval, will immediately approve the borrower defense applications of approximately 200,000 individuals and cancel at least $6 billion in federal student loans.
200,000 student borrowers who say they were ripped off may get their loans | NPR
On Aug. 4, a federal judge will decide whether to preliminarily approve a settlement that would erase the debts of 200,000 borrowers who say they were defrauded by their colleges.
Government to Cancel $6 Billion in Student Loans for Defrauded Borrowers | New York Times
Around 200,000 former students who attended schools that they said had defrauded them will have $6 billion in federal loans canceled under a sweeping settlement announced on Wednesday, the latest move by the Biden administration to address the student loan crisis by eliminating some debts.
My Journey to Sweet Relief: “Know Your Rights, and Never Stop Fighting for Them.” | Blog
As the named plaintiff in Sweet v. Cardona, Theresa Sweet has been in the fight for justice since the very beginning. Upon learning about our proposed settlement with the Department of Education, she had a lot to say. Read about Theresa's journey to #sweetrelief.
Landmark Borrower Defense Settlement to Cancel Over $6 Billion in Student Loans for 200,000 Borrowers | Release
Student borrowers filed a joint motion for approval of a settlement with the US Department of Education in the class action lawsuit Sweet v. Cardona.
How Corinthian Students Won a $6B Loan Cancellation Battle | Blog
For over seven years, these borrowers fought tirelessly to Cancel Corinthian. Last week, VP Harris joined the Department of Education to finally announce that it would cancel all federal student loans from Corinthian Colleges — relieving more than 560,000 student borrowers of over $5.8 billion in Corinthian debt.