The Supreme Court just awarded thousands of student loan holders a win. On Thursday, the United States Supreme Court ordered that $6 billion in student debt relief be granted to 200,000 borrowers as part of a settlement from years-long litigation known as Sweet vs. Cardona. The case was initially launched in 2019 on behalf of borrowers with blocked borrower defense claims, or claims borrowers can bring if they feel the institution they attended cheated them. If granted, their debt would be forgiven.
