A visitor takes a selfie in front of the Supreme Court building on Capitol Hill, Monday, March 27, 2023, in Washington. on Thursday allowed a roughly $6 billion legal settlement to go forward that will cancel student loans for hundreds of thousands of borrowers who say they were misled by their schools.
The justices did not comment in rejecting an emergency plea from Everglades College, Lincoln Educational Services Corp. and American National University. The schools had argued that they were unfairly included on a list of more than 150 institutions, most of them for-profit, linked with alleged misconduct. Lincoln and American are for-profit institutions; Everglades is a not-for-profit.
The class-action settlement was approved late last year by U.S. District Judge William Alsup in San Francisco in response to complaints that the 150-plus schools had made false recruiting claims and left many students unable to find jobsThe Justice Department has already begun implementing the agreement and said in court that roughly 3,800 borrowers who are part of the settlement attended the three schools.Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
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Supreme Court won't block $6B student debt relief settlementThe Supreme Court is allowing a roughly $6 billion legal settlement to go forward that will cancel student loans for hundreds of thousands of borrowers who say they were misled by their schools. The justices didn't comment in rejecting an emergency plea from Everglades College, Lincoln Educational Services Corp. and American National University. The schools had argued they were unfairly included on a list of more than 150 institutions, most of them for-profit, that were linked with alleged misconduct. The justices’ action comes as the high court is weighing what to do with the Biden administration’s plan to wipe away $400 billion in student debt held by more than 40 million people. FU GQP! Let that be a lesson! wow how will i feed my family now? SUPREME COURT JUSTICES ARE ABOVE THE LAW!
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Supreme Court won't block $6B student debt relief settlementThe Supreme Court is allowing a roughly $6 billion legal settlement to go forward that will cancel student loans for hundreds of thousands of borrowers who say they were misled by their schools. Taxpayers have to pay it back.
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Top US court refuses to halt $6B student debt settlementSupreme Court's decision is separate from a case pending before high court over legality of President Biden's plan to cancel $430 billion in student debt for about 40 million borrowers.
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Supreme Court rejects bid to block major class-action settlement on student debt reliefThe Supreme Court rejected an effort by three colleges to halt a class-action settlement that’s set to cancel more than $6 billion of federal student loan debt owed by borrowers who say they were defrauded. Let me guess… one of them hangs out in the Garden of Evil Imagine not wanting people to receive settlements after they have been defrauded. So many people in this country are so callous and don’t care that others are hurting. This lack of community will undo this country. They were defrauded but by the schools
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Supreme Court refuses to block $6 billion student loan settlementThe Supreme Court refused a request by a group of colleges to block a $6 billion settlement that will cancel the student loans of about 200,000 borrowers who claim to be defrauded by the schools. The court denied the application without comment or dissent. Good. For-profit 'colleges' are owned and run by crooks. Of course. Is anyone surprised that the Supreme Court ruled in this way over student loans? openlsr
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