Education Department erases $415M in student loan debt for 16,000 borrowers
In total, the Biden administration has approved $2 billion in loan forgiveness for students allegedly defrauded by their schools.
Source: foxla.com
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Ex-ITT Tech students among thousands to receive $415M in loan cancellations
This is the fourth finding against Carmel-based ITT Tech that has led to the approval of debt relief claims by the department. All told, the evidence has resulted in about $660 million in discharges for roughly 23,000 students.
Source: ibj.com
DeVry loan forgiveness: Feds cancel debt for some students
The Biden administration on Wednesday announced it will cancel more than $70 million in student debt for borrowers who say they were defrauded by the for-profit DeVry University — the first time the Education Department has approved such claims for an institution that’s still in operation.
Source: mcall.com
Education Department erases $415M in student loan debt for 16,000 borrowers
The Department of Education announced this week that it will cancel $415 million in federal student loans by nearly 16,000 borrowers who were misled by for-profit colleges.
Source: foxbusiness.com
Student loan forgiveness: $70M for students misled by DeVry
About 1,800 former DeVry students will get their loans cleared after the department concluded that the school lied about the success of its graduates.
Source: wnep.com