Keyamo: Airline Owes N14bn Despite Debt Relief

The Minister of Aviation and Aerospace Development, Festus Keyamo, has revealed that one domestic airline is indebted to the Federal Government to the tune of N14bn, warning that the mounting liabilities are undermining the ability of aviation agencies to provide critical services despite the government’s efforts to ease the burden on operators. Keyamo said the…

450K borrowers get debt relief after court blocks Trump delay

A federal appeals court has cleared the way for 450,000 borrowers to receive debt relief after rejecting the Trump administration’s bid to delay discharges under a landmark settlement for students defrauded by for-profit colleges. On July 17, the U.S. Court of Appeals for the Ninth Circuit unanimously rejected the Education Department’s request to postpone relief…

Nearly 500,000 borrowers who say colleges defrauded them are getting student debt relief

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…

Nearly 500,000 borrowers who say colleges defrauded them are getting student debt relief

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…