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Education Dept. to Wipe Out Student Loans of 170,000 More Defrauded Borrowers

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FOMOGRAM Editorial Desk
Aug 3, 2026
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The New York Times FEED
Education Dept. to Wipe Out Student Loans of 170,000 More Defrauded Borrowers
EXECUTIVE SUMMARY

The sprawling case, centered on students defrauded by for-profit schools, has now become the largest class-action settlement in American history.

The sprawling case, centered on students defrauded by for-profit schools, has now become the largest class-action settlement in American history.

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