Federal Student Loan Settlement Objectors Seek To Have Agreement Overturned

Mealey's (May 17, 2023, 7:24 AM EDT) -- SAN FRANCISCO — In an appellant brief filed in the Ninth Circuit U.S. Court of Appeals, three colleges that unsuccessfully objected to a class settlement worth in excess of $7.5 billion for student loan borrowers ask the appellate panel to reverse final judgment and direct dismissal of the 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....