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A federal appeals court ruling has led to the cancellation of about $11 billion in federal student loan debt for more than 170,000 borrowers. The ruling, issued on July 17, 2026, rejected attempts by the Trump administration to delay relief for students who claimed they were defrauded by their schools.
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A federal appeals court ruling has led to the cancellation of about $11 billion in federal student loan debt for more than 170,000 borrowers. The ruling, issued on July 17, 2026, rejected attempts by the Trump administration to delay relief for students who claimed they were defrauded by their schools.
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450K student loan borrowers eligible for debt relief after court ruling
Court Ruling Allows $11 Billion in Student Loan Debt Relief for Borrowers