Home / BusinessBusinessThe New York TimesBusinessThe New York Times·Aug 3, 2026·1 min readEducation Dept. to Wipe Out Student Loans of 170,000 More Defrauded BorrowersThe sprawling case, centered on students defrauded by for-profit schools, has now become the largest class-action settlement in American history.View original source — The New York Times ↗ShareCopy linkShare on XShare on FacebookRelated storiesBusinessThe PunchBusinessAug 3, 2026 · 1 minTinubu hails BUA chairman Rabiu at 66The PunchBusinessCNBCBusinessAug 3, 2026 · 1 minJim Cramer says the market has warmed up to Big Tech's AI spending. Here's what flipped the switchCNBCBusinessCNABusinessAug 3, 2026 · 1 minTikTok settling three teen social media lawsuits ahead of trialCNABusinessCNABusinessAug 3, 2026 · 1 minWhy Hermes wants to be taken seriously as a watchmakerCNA
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