U.S. High Court Denies Application To Stay Settlement In Federal Student Loan Case

Mealey's (April 26, 2023, 11:25 AM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court denied an application by three colleges seeking to stay a class settlement worth in excess of $7.5 billion for student loan borrowers in a lawsuit by those who applied to the “borrower defense” program and alleged that under the administration of President Donald J. Trump they were denied relief largely through form letters....