Biden cancels $6 billion in student loans…

Sharing is Caring!
  • The U.S. Department of Education has agreed to cancel the student loans of around 200,000 people who had brought a class action lawsuit against it.
  • The former students claimed they were stuck with federal debts by schools that had been found to engage in misconduct.

The U.S. Department of Education has agreed to cancel the student loans of around 200,000 people who brought a class action lawsuit against the government, claiming they were stuck with federal debts from schools that were found to have misled them.

Under the terms of the Sweet v. Cardona settlement, the Education Department will immediately approve around $6 billion in debt forgiveness. The 200,000 borrowers eligible for the relief will get full cancellation of their debt, refunds of amounts paid and repair to their credit.

See also  Internet's 'Most Wanted Person' Just Unleashed Biden's Worst Nightmare! The Secret Is Out!

www.cnbc.com/2022/06/23/education-department-to-cancel-200000-student-loan-borrowers-debt.html

 

Help Support Independent Media, Please Donate or Subscribe:
Trending:
See also  Team of Fools: Biden’s Cabinet Picks Prove He is Unfit to Lead

Views: 93

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.