I have heard that borrowers may be able to avail of forgiveness of their federal student loans if the school was found to have misled the borrower or engaged in misconduct. Is this true?
Yes, this does exist and is known as borrower defense to repayment, or borrower defense for short. Ther are sections on the website that go into this aspect further
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How do I access notifications regarding the Sweet v. DeVos Lawsuit, are they available to the public?
Notifications regarding the Sweet v. DeVos Lawsuit will be emailed by the US Government in June/July 2020. These notifications will be emailed to borrower defense applicants who are deemed to be potential members of the group of borrowers that this lawsuit applies to. The notifications will inform this group of borrowers that there is a proposed settlement of the lawsuit
Are there questions that you have about these notifications that are not answered on the website?
No, I have gone into this fully yet, but may do so in the near future
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What is included under the term borrower defense discharge when related to the term Direct Loan?
We define the term Direct Loan in 34 CFR 685.206 to include Direct Consolidation loans
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What is the logic behind the notifications regarding the Sweet v. DeVos Lawsuit?
It is to inform any borrower defense applicant to whom the lawsuit applies that there is a proposed settlement of the lawsuit due
Are you concerned about any notifications that you may receive in relation to the Sweet v. DeVos Lawsuit in terms of legitimacy?
No, I don't think I will be included in the notifications
