Supreme Court allows $6 billion student loan debt settlement to go through

The Supreme Court decided not to block a $6 billion student loan debt settlement based on thousands of claims that colleges misled students. Several of the colleges had tried to challenge the settlement but the Supreme Court rejected their requests. The 200,000 claims made up a class action lawsuit that a number of colleges, mostly for-profit institutions, misled students who in turn took out federal loans. The case is not related to President Joe Biden’s student debt relief program, which was blocked by a federal appeals court and is set to be voted on by the Supreme Court. California-based U...