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200,000 student-loan borrowers will be 'severely harmed' if a judge rules in favor of 3 companies who want to block them from getting $6 billion in debt relief, a new legal filing says
1 month ago | By Business Insider
Students from George Washington University wear their graduation gowns outside of the White House in Washington, DC, on May 18, 2022 Stefani Reynolds / AFP)
A federal judge signed off on a settlement giving 200,000 student-loan borrowers $6 billion in debt relief last year.
In January, three companies requested a stay on the relief, citing reputational harm the settlement brought them.
Borrowers in the case recently filed a motion opposing the stay due to the harm postponing the relief would bring.
A group of student-loan borrowers who believe they were defrauded by their schools responded...
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