The case has been going on since 2022 in a Biden Admin settlement against charges of fraud lent student loans from for-profit schools…. The Trump admin tried to get out the terms of the settlement that allowed access to the case by borrowers up to early 2026…. The total size of the class-action settlement has now expanded to nearly 500,000 borrowers, who will have debts totaling $23 billion wiped out. That makes it — by a substantial margin — the largest class-action settlement in American history, according to the Project on Predatory Student Lending, the nonprofit group that represented the borrowers. It is also, by their calculation, the largest financial settlement against the federal government…..More…Like this: Like Loading…