If student-loan borrowers believe they were defrauded by a school they attended, it may have just gotten easier for them to get relief.to help student-loan borrowers submit borrower defense to repayment claims — a type of claim for those who believe a school misled them or engaged in certain misconduct that was in violation of the law. Approval of those claims means the department will discharge any debt the student took out to attend the school in question.
"The new borrower defense webpage is filled with guiding language and tips to help borrowers successfully complete their applications and get the loan relief to which they are entitled," Richard Cordray, director of the Federal Student Aid office, said in a statement to CNN, which first"For all those who lost time, money, and the promise of an education, we will continue to work to make them whole," Cordray said.
Since Biden took office, his Education Department has taken a number of steps to get relief to defrauded borrowers who had been waiting on approval of their claims for years.
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