Student Loan Borrowers Receive $23 Billion Debt Cancellation from Settlement

Thousands of student-loan borrowers are getting long-awaited debt cancellation from a $23 billion settlement

Student-loan borrowers who were defrauded by their schools are getting debt relief. sengchoy/Getty Images Student-debt relief is coming for more borrowers defrauded by their schools. It's a result of the Sweet vs. McMahon settlement, which has pushed for relief for thousands of borrowers. An appeals court denied the Education Department's attempt to delay the relief. Student-loan forgiveness is finally here for thousands of borrowers. A federal court denied the Department of Education's req...