Former students of the now-shuttered Florida Coastal School of Law will soon have their debts canceled.
This was made possible after a judge on Wednesday approved a $6 billion settlement to a nationwide class action lawsuit. The closed law school in Jacksonville is one of 153 institutions across the United States named in the settlement.
Roughly 200,000 students said their schools, including Florida Coastal, defrauded them. Since it closed about a year and a half ago, former students said they not only struggled to pay off massive debt — their law careers also took a hit.
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