In the proposed settlement, the Department agrees to resolve the borrower defense applications of people who have borrower defense applications pending as of Jon the following terms: ![]() What are the terms of the proposed settlement for borrowers who applied for borrower defense relief on or before June 22, 2022? This proposed settlement is a compromise of disputed claims, and Defendants continue to deny that they have acted unlawfully. Now, both parties are proposing to settle this lawsuit. The lawsuit challenges the way the Department has been dealing with borrower defense applications over the past few years, including the Department’s delays in issuing final decisions and the Department’s denial of certain applications starting in December 2019. This Notice describes how your legal rights may be affected by this settlement.Ī lawsuit was filed in a federal court in California by seven borrower defense applicants who represent, with certain exceptions, all borrowers with pending borrower defense applications. The settlement will not become final until it is approved by the court as fair, adequate, and reasonable. We now write to inform you that there is a new proposed settlement of the lawsuit. ![]() You can find more information about that here: lawsuit now also challenges the Department’s denial of certain borrower defense applications. The court did not approve that proposed settlement, so the lawsuit continued. You may also have been informed in 2020 that the parties had proposed a settlement of the lawsuit, subject to the court’s approval. DeVos, which challenged the Department’s delay in issuing final decisions on borrower defense applications, including yours. We write to inform you that there is a proposed settlement in a class action lawsuit that could affect your claim and to explain how your legal rights may be affected by that lawsuit.Īs a borrower defense applicant, you may have been previously informed of a class action lawsuit called Sweet v. Department of Education (“Department”) to cancel some or all of your federal student loan debt because you allege the school you (or your child) attended engaged in unlawful conduct. You filed a borrower defense application asking the U.S. Your rights may be affected, please read carefully. ![]() Notice of Proposed Class Action Settlement - Important borrower defense information for you: Can anyone translate this to even more lay terms plz?
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