Major ‘Borrower Defense’ Settlement Moves Ahead

A federal judge on Friday allowed the Education Department to begin discharging billions of dollars of federal student loans owed by hundreds of thousands of borrowers who claim they were defrauded by their college.
Judge William Alsup of the Northern District of California ruled that the Biden administration could move ahead with providing the vast majority of loan forgiveness that’s part of a major class-action settlement over “borrower defense” claims.