Thousands of student-loan borrowers are getting long-awaited debt cancellation from a $23 billion settlement

Student-loan forgiveness is finally here for thousands of borrowers. A federal court denied the Department of Education's request to delay student-debt relief for borrowers entitled to relief under the Sweet vs. McMahon settlement. The settlement has allowed for $23 billion in relief for over 500,000 borrowers defrauded by their schools.