Millions of People Have Been Unfairly Declared as Dead Beats

The result of the governmental cuts to employees in the Department of Education has resulted in many students having loans unable to contact the department in a timely basis. The action of the DE is to place them in a delinquent status.

Few can afford to pay for a college or technical school education. What is left are scholarships and grants. The alternate to scholarships and grants, are loans, etc. Here again and more likely than not such scholarships and grants will not cover all the expenses of going to a college. You will still need funds to pay for tuition, books, and to exist on a college campus. Summertime jobs and saving your pay does help.

What is left are Student Loans and maybe part time work while in college.

I draw my experience from funding three in similar combinations of funding and supplying additional, money to them directly. It took about 10 years to detach ourselves from these parent loan payments.

If it was not for the status of the two people behind this class action lawsuit, I would be somewhat leery of it. The other part of this is Alan Collinge’s campaign for student loan forgiveness. Student Loan Justice

~~~~~~~

“Millions Of People Who Have Been Unfairly Declared as Being “DeadBeat. Student Loan Borrowers Could Be Eligible to Receive More Than $500 Billion in Compensatory Damages as a Result of This Class Action Lawsuit.”

U.S. Department of Education Resuming Student Loan Collections With Inaccurate Credit Bureau Reporting: Destroying Credit Bureau Files

Student Loan Legal Action Org: A Class Action lawsuit:

“The reality is that this declared state of default of 5 million Student Loan Borrowers increasing toward 20 million has been caused by serious operational service failures of the U.S. Department of Education and it’s contracted servicers. Student Loan Borrowers have desperately been attempting to connect by phone and by mail with Department of Education Contract Servicers in order to get into a recognized state of “good standing”.

Borrowers have been unable to do so because the Department of Education has failed to provide adequate resources for enabling people to be able to successfully communicate by phone or by written correspondence. Telephone wait times are being measured in hours, with 90% abandoned call rates, and millions of pieces of mail are in backlog.

Irrespective of the desperate attempts by student loan borrowers to “return to repayment”, borrowers are programmatically rolling from one stage of delinquent account status to later stages of delinquent account status and ultimately to technical default, all the while with their credit bureau scores being unfairly hammered. 

Equifax, TransUnion, and Experian are culpable defendants because these defendants have known or should have known, that the “delinquent” and “in default” data being furnished to these credit bureaus by the U.S. Department of Education is blatantly unfair. The primary defendant of this Class Action Lawsuit is the U.S. Department of Education’s Office of Federal Student Aid.

Each Student Loan Borrower that has been declared to be “in default” of their loan since January 1, 2025 is eligible to become a member of this Class Action Lawsuit. If you are interested in better understanding the aspects and issues related to this lawsuit, please watch the video above.”