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Democratic AGs Lend Unwavering Support to Efforts to Waive or Reduce Student Debt

A coalition of 19 Democratic AGs is calling on the U.S. Department of Education (ED) to move quickly to implement its proposed regulations that would waive or reduce student loan repayment for certain groups of federal student loan borrowers. ED’s Notice of Proposed Rulemaking (NPRM) issued in April 2024 proposes to give ED the discretion…

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Education Dept Discharges Student Loans for Victims of Alleged Art Institutes Deceit

Massachusetts AG Andrew Joy Campbell, Pennsylvania AG Michelle Henry, Iowa AG Brenna Bird, and the U.S. Department of Education (DOE) announced that DOE approved $6.1 billion in automatic student loan relief for nearly 317,000 students of for-profit Art Institutes schools, which allegedly made substantial misrepresentations to students. DOE’s approval was based on a review of…

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Democratic AGs Rally in Support of SEC's Climate Disclosure Rule in GOP Challenge

A coalition of 19 Democratic AGs, led by Massachusetts AG Andrea Joy Campbell and New York AG Leticia James, has moved to intervene in defense of the SEC’s climate disclosure rules (Final Rule) in a lawsuit filed by 25 Republican AGs in the US Court of Appeals for the Eighth Circuit. The Final Rule—which the SEC…

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AG James v. Bond Co.: $811 Million Judgment Obtained Against Company Targeting Immigrants

New York AG Letitia James, along with the Massachusetts and Virginia AGs and the CFPB, obtained an $811 million judgment against Libre by Nexus, Inc., its parent company Nexus Services, Inc., and its principals (collectively, “Libre”), over allegations that Libre violated the Consumer Financial Protection Act and state consumer protection and debt collection laws by…

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