The Biden administration has agreed to eliminate the federal student loan debts of approximately 200,000 borrowers who claimed their college defrauded them but who haven’t had a response from the Department of Education regarding their applications for years.

Under the proposed agreement, the Biden administration would forgive the debts of borrowers who have already filed a claim against one of 50 colleges and would wipe out over $6 billion of student loan debt if it is approved. The agreement was reached as part of a proposed class-action settlement filed in federal court Wednesday evening, according to Politico.