Business

Student loan cancellation controversy continues

Updated 2026-09-24 19:40 UTC 1 source Negative

A lawsuit claims that the government is still reporting $4.6 billion in student debt owed by 300,000 borrowers to credit bureaus despite their debts being canceled due to a scam.

Coverage timeline — 1 article

MarketWatch

The government canceled her student loans due to a scam — but $72,000 is still on her credit report

The government continues to report to credit bureaus $4.6 billion in student debt owed by some 300,000 borrowers that should have been canceled, a lawsuit claims.

2026-09-24 19:19 UTC