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Student Loan Forgiveness Update: $100,000 Could Be Returned to Borrowers

A class action seeks $100,000 per borrower and removal of wrongful defaults affecting millions amid alleged Fair Credit Reporting Act violations by the Education Department and credit bureaus.

Summary by Newsweek
A former Trump student-loan chief’s lawsuit could force the Education Department to repay wrongly defaulted borrowers.

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Business Insider broke the news in United States on Tuesday, November 4, 2025.
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