Another 200K borrowers may have student debt canceled by Dept. of Education ...Middle East

(NEXSTAR) - Thousands of borrowers are likely to have their federal student loan debt erased after an agreement was reached Wednesday as part of a proposed class-action settlement. As part of the proposed settlement, the Biden administration has agreed to discharge the federal student loan debt for roughly 200,000 borrowers. According to Politico, which first reported the settlement, the borrowers claimed they were defrauded by their college and their applications for relief from the Department of Education were delayed for years. Borrowers in the suit accused both the Trump administration and the current administration of not taking action on their applications for "borrower defe

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