SignificantEconomythehill·Department of Education

450K student loan borrowers eligible for debt relief after court ruling

The Department of Education announced $11 billion in federal student loan debt will be erased for more than 170,000 borrowers. A federal appeals court rejected the Trump administration’s attempt to delay relief for students who claimed they were defrauded by their schools.

Impact Score

6/10

Wednesday, August 5, 2026 at 03:04 PM EDT

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