Many student loan borrowers may get automatic student loan forgiveness after the U.S. Department of Education missed a deadline under their settlement agreement.

Under a 2022 settlement agreement from the Sweet v. Cardona case, the department was instructed to decide on a large group of borrowers’ Borrower Defense applications this week. However, after missing that deadline, the forgiveness could be issued automatically, although uncertainty remains.

 

To continue reading the rest of the article, please click on the source link below

https://www.newsweek.com/student-loan-update-borrowers-automatic-forgiveness-debt-11444244