News
Student Borrowers Ask Court for Final Approval of Settlement to Cancel Over $6 Billion in Loans for 200,000 Borrowers
Student borrowers filed a joint motion for final approval of a settlement with the US Department of Education today in the class action lawsuit Sweet v. Cardona.
In Major Victory, ITT Students Secure Full Debt Cancellation | Press Release
In another major victory for defrauded former for-profit college students, today, the U.S. Department of Education announced that it would fully discharge all remaining federal student loans for borrowers who attended ITT Technical Institute (ITT) from January 1, 2005, through its closure in September 2016. All told, this means 208,000 borrowers will receive $3.9 billion in full loan discharges.
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.