In a victory for student loan borrowers, the Supreme Court has denied a request to block a nearly $6 billion settlement for 200,000 borrowers seeking student loan forgiveness due to alleged fraud by 151 for-profit colleges. This legal battle, known as Sweet vs. Cardona, has been ongoing since 2019, with the Biden administration agreeing to the settlement last summer. Three institutions, Everglades College Inc., Lincoln Educational Services Corp., and American National University Inc., argued that the secretary of education did not have the authority to settle claims by providing student loan cancellations and refunds, and that the settlement would cause "reputational harm." However, the court ruled that the reputational harm was "purely speculative," and the education department had the authority to settle the case. The settlement cancels and refunds 200,000 federal student loans and affects borrowers with stalled borrower defense claims that allow them to have their debt wiped out if they were defrauded by the school they attended. This decision is a significant win for borrowers and clears the way for the long-awaited student loan forgiveness.