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Stock impact report

Trump Administration Tries To Delay Student Loan Forgiveness In Borrower Defense Case [Forbes]

Lincoln Educational Services Corporation (LINC) 
Last lincoln educational services corporation earnings: 2/26 08:00 am Check Earnings Report
Company Research Source: Forbes
decisions on their applications or their have their loans forgiven by January 28, 2026. The US Department of Education just asked for an 18-month extension. The case, centered on allegations that over 150 colleges and universities defrauded students by promising earning and employment outcomes, the settlement says that schools were unable to deliver. Hundreds of thousands of students who attended the colleges in question have been waiting for years for decisions on whether they will have their loans forgiven or not. The ongoing delays mean uncertainty and stress for those students and their families. The Project on Predatory Student Lending, a national legal organization representing borrowers in the case, has filed a response objecting to the Department of Education's request. A hearing is scheduled for December 11, 2025, before Judge Alsup to hear arguments. What Is The Sweet V Cardona Student Loan Forgiveness Case? The settlement in question is between the US Department Show less Read more
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