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The Department of Education has canceled $1.5 billion in student loan debt since Biden took office Updated: 6:48 PM CDT Jul 9, 2021 Katie Lobosco, CNN Share Updated: 6:48 PM CDT Jul 9, 2021 GET NATIONAL BREAKING NEWS ALERTS The latest breaking updates, delivered straight to your email inbox. Share Updated: 6:48 PM CDT Jul 9, 2021 Katie Lobosco, CNN Related video above: How Student Loans Affect Your Credit ScoreThe Department of Education has canceled a total of $1.5 billion in student loan debt for nearly 92,000 students, who were victims of for-profit college fraud, since President Joe Biden took office.The current administration has been taking steps to address the backlog of more than 100,000 forgiveness claims leftover from the Trump administration. In its latest move, the Department of Education said Friday that it is canceling about $55.6 million, approving claims from 1,800 borrowers who attended either the now-defunct Westwood

United statesMiguel cardonaElizabeth warrenBetsy devosJoe bidenDepartment of educationSenate majority leader chuck schumerHarvard legal services centerDemocratic partyWestwood collegeCourt reporting institutePresident joe bidenMarinello schoolsCourt reporting institute theEducation secretary betsy devosBorrower defense