The class-action settlement concerns loans that borrowers claim should be canceled because they were taken out based on misrepresentations made by their schools, many of which are for-profit. The Justice Department, representing Cardona, said in court papers that the settlement only involves borrowers and the Education Department. The lawsuit was filed in 2019, four years after the collapse of Corinthian Colleges, a for-profit organization, which led thousands of borrowers to file claims seeking to discharge their debt