A years-long legal fight spanning three presidential administrations is delivering loan discharges, refunds and credit repairs to borrowers who accused schools of misleading them.
For hundreds of thousands of federal student loan borrowers, relief that once seemed buried beneath government delays and years of litigation is finally becoming real.
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. The case, previously known as Sweet v. DeVos and Sweet v. Cardona, has stretched across three presidential administrations and become one of the largest class-action settlements in U.S. history.
At the center of the case is the…