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Podcast: The College Investor Audio Show
Episode: AFT Lawsuit Could Speed Up Student Loan Forgiveness
Description: The American Federation of Teachers (AFT), representing 1.8 million members, has escalated its legal battle with the U.S. Department of Education (ED). Earlier this year, the union sued ED and Education Secretary Linda McMahon, alleging the agency unlawfully froze access to income-driven repayment (IDR) plans after a court blocked parts of the Biden-era SAVE plan.Last month, AFT filed an amended complaint seeking to certify the case as a class action, potentially extending relief nationwide to impacted borrowers. If granted, the preliminary injunction could force ED to resume processing applications and cancel loans under longstanding repayment and loan fo...