The government canceled her student loans due to a scam — but $72,000 is still on her credit report

A lawsuit filed against the Department of Education alleges the government continues reporting approximately $4.6 billion in student debt to credit bureaus for roughly 300,000 borrowers whose loans should have been canceled. The legal action claims these borrowers had their debts forgiven by the government but the cancellation was not reflected in their credit reports. The lawsuit does not specify the timeline for when these cancellations occurred or the current status of the credit reporting issue.

Next story