Phrases with «borrower defense»

"Borrower defense" refers to a situation where a student or borrower claims that they were tricked or deceived by the educational institution or lender when taking out loans to pay for education. They believe they were misled, resulting in financial harm or an inadequate education, and seek protection or forgiveness for their loans. Full definition

Related phrases

Sentences with «borrower defense»

  • What happens to my loans while ED is reviewing my application for borrower defense to repayment? (studentaid.ed.gov)
  • Under the disputed debt doctrine, it is unlikely that the debt that is forgiven as a result of any successful borrower defense claim should be taxable. (studentloanborrowerassistance.org)
  • To qualify for borrower defense discharge, your school must have engaged in unfair advertising campaigns and promised outcomes that they did not deliver on. (thecollegeinvestor.com)
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