I don’t disagree that it’s important to make it clear that there’s no guarantee you’ll get your money back. But that’s why I’m saying it’s important not to call it a loophole that will be closing soon. The reason the rulemaking process is taking place now is to determine exactly to whom this rule will apply and how.…

I’d very much appreciate if you corrected the article.

That’s basically right. “Working on it” is a good fudge for the complications, but the bottom line is that no decisions will be made soon. However, as I said, filling out the form is likely to put your loan into automatic administrative forbearance. And the more people who submit, the more ED understands that people…

Thanks for linking to our form! Quick correction, though. This is not a “loophole”. People who are defrauded in taking out a loan have a right to have that loan discharged.

This “loophole” will not be closing any time soon. That “expert” you linked to does not know what he is talking about. It’s not as if people are…