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Borrowers Sue Trump Administration Over Credit Reporting of Forgiven Loans

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Story summary
  • Student loan borrowers sued the U.S. President Donald Trump administration over credit reporting of forgiven loans.
  • Woods v. U.S. Department of Education was filed in the U.S. District Court for the District of Columbia.
  • Plaintiffs allege the Department of Education still reports canceled federal loans as active, harming credit.
  • Eileen Connor, president of the Project on Predatory Student Lending, said the false debt limits borrowers’ housing and employment prospects.