NPR News·4 min read·medium

450k borrowers say they were ripped off. Their student loans are being erased

C
Cory Turner
450k borrowers say they were ripped off. Their student loans are being erased
AI Summary

A long-running class-action lawsuit involving 450,000 federal student loan borrowers is concluding with the erasure of their debts. The case centered on the 'borrower defense' rule, which allows for loan discharge if colleges defrauded students regarding job prospects or salary expectations.

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