“Borrowers Receive Student Loan Forgiveness Approval Emails After Court Green-Lights Settlement” - Forbes
John, we just had a big win in the fight to ease the burden of student debt.
A federal court in California has ruled in favor of allowing $6 billion dollars in debt relief to be paid out to student borrowers in Illinois and across the country who were cheated out of their education and their savings by unscrupulous tactics of for-profit colleges.
There is still more work to do to hold for-profit institutions accountable and to relieve the overwhelming burden of student debt in this country. Will you pitch in $5 or more now to help Dick Durbin and Democrats keep making progress for students and families? [link removed]
This victory has been a long time coming. When predatory, for-profit schools misled students into accumulating mountains of debt for low-quality degrees that did not meet qualifications for employment, Betsy DeVos and Donald Trump intentionally delayed processing students’ claims.
With this relief, these defrauded borrowers can finally breathe a sigh of relief. But the student debt crisis is far from over — and we need a strong Democratic majority working to solve it.
We must continue to ease the burden of student loans and give students a fresh start. Contribute whatever you can now to help Dick Durbin and Democrats keep up the fight. [link removed]
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