They made billions illegally, so of course they're happy to just pay the $120 million dollar fine to escape any more punishments. No jail time, no probation, just business as usual, but without the lucrative government contract! The CEO's could probably retire comfortably on the bonuses they received during that time!
I know I’ll be receiving a check. My loans were in deferment/forbearance for almost 15 years of not more. I tried to make payments but they told me I had to make the full payment. I asked for a payment based on my income and was told no. I could only put my loans into forbearance. My loans went from $55K to $96K from interest accrue. Thank God all of my loans were forgiven and I received a small check from the payments that I made.
That settlement is far too small.
👏🏽 Yes! It’s about time! They’re crooks!
They made billions illegally, so of course they're happy to just pay the $120 million dollar fine to escape any more punishments. No jail time, no probation, just business as usual, but without the lucrative government contract! The CEO's could probably retire comfortably on the bonuses they received during that time!
I know I’ll be receiving a check. My loans were in deferment/forbearance for almost 15 years of not more. I tried to make payments but they told me I had to make the full payment. I asked for a payment based on my income and was told no. I could only put my loans into forbearance. My loans went from $55K to $96K from interest accrue. Thank God all of my loans were forgiven and I received a small check from the payments that I made.
i did not get anything ... i did pay off my loans 2 years ago .. but i did go through forebearance many years ago
After 10 years I owed twice what I borrowed! They denied a forgiveness, and would not settle! 🤬
I stopped paying in 2016. Just stopped, and entered a homeless shelter.
Not as much as they made in profit, of course.
Makes 20 Billion... oh no!! 100 million dollar fine? Trash.
another reason to cancel student loan debt
What happened to Fannie Mae and Freddie Mac