The Supreme Court ruled to reject the request of three private colleges to stop the settlement verdict in the case of Sweet v Cardona.
Three Private Colleges that filed petitions with the Supreme Court
Sweet v Cardona was filed in 2018 by the borrower defense applicants. The case claims that the Department of Education illicitly delayed or denied relief for borrower defense applicants during the Presidency of Trump.
Recently, Supreme Court rejected three private colleges to stop the settlement filed by the plaintiffs and the Department of Education in the Sweet v. Cardona case. Approximately 200,000 debtors will see their state student loans settled.
Sweet v Cardona case involved 151 educational institutions linked to substantial misconduct. Three private colleges of those educational institutions are Lincoln Educational Services Corporation, Everglades College, and American National University. These three private colleges filed in court a petition to stop the settlement case while applying an appeal of the court’s decision.
Qualified state student loan to avail of debt termination
The three private colleges that filed petitions with the Supreme Court argue that Secretary Cardona is surpassing his authority by stopping the state debt of students who attended these three private colleges. The Supreme Court Rejected the Request of Three Private Colleges in a one-page order.
Eligible under this settlement if the borrower submits a refund application on or before June 22, 2022, and enrolled in one educational institution on this list.