Sweet v. McMahon Settlement | Federal Student Aid

https://studentaid.gov/announcements-events/sweet-settlement
The settlement became effective on Jan. 28, 2023, and ED is starting to implement it, as described below. The settlement is final, though the court granted a temporary stay (delay) of discharges related to three schools until the court of appeals rules on their motion to stay.

Sweet v. McMahon to clear 450,000 student loan borrowers' debt -...

https://www.cnbc.com/2026/07/31/sweet-v-mcmahon-student-loans-borrower-defense.html
2 days ago · Hundreds of thousands of student loan borrowers are eligible for debt cancellation under a $23 billion class-action settlement against the federal government.

Student Loan Discharge Emails Sent To 30,000 Borrowers As ...

https://www.forbes.com/sites/adamminsky/2026/06/15/student-loan-discharge-emails-sent-to-30000-borrowers-as-settlement-relief-proceeds/
Jun 15, 2026 · Thousands of borrowers received emails this week notifying them that their student loans will be discharged under the Sweet v. McMahon settlement agreement.

Nearly 500,000 borrowers who say colleges defrauded them are...

https://thegrio.com/2026/08/01/defrauded-borrowers-student-loan-debt-relief/
2 days ago · Nearly 500,000 borrowers who say their colleges misled them are receiving student loan discharges through the Sweet v. McMahon settlement.

Nearly 500,000 borrowers who say colleges defrauded them are ......

https://www.yahoo.com/news/politics/articles/nearly-500-000-borrowers-colleges-151258955.html?fr=sycsrp_catchall
1 day ago · 450,000 borrowers who said their colleges misled or defrauded them are receiving student debt relief through the landmark settlement in Sweet v. McMahon, according to CNBC.

Settlement to erase student loans for more than 450,000 borrowers

https://edsource.org/updates/settlement-will-erase-student-loans-for-more-than-450000-borrowers
3 days ago · Settlement to erase student loans for more than 450,000 borrowers More than 450,000 people will have their student loans erased as a result of one of the largest settlements ever against the U.S. government, NPR reported.

Sweet v. McMahon: $23B+ Borrower-Defense Relief and 2026...

https://openclassactions.com/settlements/sweet-v-mcmahon-borrower-defense-settlement.php
Nov 14, 2025 · Sweet v. McMahon has secured at least $23 billion in federal student-loan relief; a July 2026 appeals ruling preserved automatic relief for late-decided post-class applications.

Education Department Must Wipe Out Student Loans For 500,000 ...

https://www.forbes.com/sites/adamminsky/2026/07/21/education-department-must-wipe-out-student-loans-for-500000-borrowers-under-settlement-says-court/
Jul 21, 2026 · Borrowers scored a major victory on Friday after a federal appeals court rejected a challenge to a landmark settlement agreement, and required the Education Department and Secretary of...

Federal Student Aid

https://studentaid.gov/borrower-defense/default.htm
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Navient student loan settlement payments: What borrowers need to...

https://www.usatoday.com/story/money/2026/02/18/navient-settlement-payments-student-loan-borrowers/88745503007/
Feb 19, 2026 · Student loan borrowers are getting paid from the Navient settlement. Find out if you're eligible and what to do if you haven't received a check yet.