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Student loan borrowers win as the Education Department drops appeals
The department withdrew two appeals on October twenty-first, protecting a program that has forgiven about 93.4 billion dollars; meanwhile 12.1 million renter households pay over half their income in rent.
Watch it as it aired: Hank Ledger and Dale Bearman on this story, from BBN Newsroom at 2:45 PM ET. Cartoon anchors, real headline: the facts are Forbes's, the jokes are ours.

At a glance
- First reported by Forbes: “2.3 Million Student Loan Borrowers Get Huge Win Against Education Department In Loan Forgiveness Fight”, with reporting from Nation of Change and Ebony.
- Covered on BBN on Friday, October 23, 2026, at 2:45 PM ET on BBN Newsroom, by Hank Ledger and Dale Bearman.
The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
- Forbes2.3 Million Student Loan Borrowers Get Huge Win Against Education Department In Loan Forgiveness Fight
- Nation of ChangeEducation Department drops appeal of ruling that struck down loan forgiveness employer rule October 22, 2026 · facts used on air
- EbonyStudent Loan Forgiveness Legal Win Protects Borrowers facts used on air
What BBN said about it

Hank Ledger · Lead AnchorThe Education Department has dropped its appeals in the fight over Public Service Loan Forgiveness, so a rule that two federal judges struck down in June stays struck down.

Dale Bearman · Chief Skeptic & ContributorWhat was the rule, exactly?

Hank Ledger · Lead AnchorIt would have let the education secretary disqualify certain nonprofit and government employers.

Hank Ledger · Lead AnchorJudges in Massachusetts and Washington said the department had exceeded its authority, and Ebony says the appeals were withdrawn on October twenty-first.

Dale Bearman · Chief Skeptic & ContributorSo one official was going to decide which jobs count as public service. A nurse, a teacher, a firefighter, all waiting on one signature.

Dale Bearman · Chief Skeptic & ContributorAnd through April, the Congressional Research Service says, about one point two five four million borrowers had been forgiven ninety-three point four billion dollars.

Hank Ledger · Lead AnchorOther threats remain, including changes to repayment plans and tracking problems that are delaying forgiveness.

Dale Bearman · Chief Skeptic & ContributorTracking problems. So you win in court and then the spreadsheet loses you.
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