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Education Department Announces Plan it Claims Will Help Scammed Students Discharge School Debt | ABA Journal
A 2019 U.S. Department of Education policy on student debt discharge, which raised the burden of proof for applicants claiming that they were misled by their schools and put in place a plan that only granted partial relief for some, was rescinded Thursday.
Is $10,000 In Student Loan Forgiveness Next, After Biden Administration Cancels $1 Billion? | Forbes
Yesterday, Education Secretary Miguel Cardona announced a policy shift that will result in $1 billion in student loan forgiveness. But what does that mean for the ongoing efforts by progressive lawmakers and consumer rights activists to convince President Biden to cancel student debt?
Students Who Got Partial Loan Relief To See Full Discharge | Associated Press
Students who were defrauded by their colleges and received only partial relief from their federal loans could now see them fully canceled, the Biden administration announced Thursday, reversing a Trump administration policy.
Education Department Scraps a Trump-Era Policy That Limited Debt Relief for Defrauded Students. | New York Times
Tens of thousands of borrowers who attended for-profit schools like Corinthian Colleges and ITT Technical Institute that defrauded students will have their student loan debts eliminated after the Education Department rescinded some changes made during the Trump administration that gutted a relief program.
Biden Administration To Cancel $1 Billion In Student-Loan Debt Held By Scammed Borrowers | MarketWatch
Borrowers who were scammed by their schools but who only received partial relief from their student-loan debt under the Betsy DeVos-era Department of Education will have their loans fully discharged — a move that will result in an estimated $1 billion in debt relief, the DOE announced Thursday.
Education Department Throws Out Trump-Era Rule For Defrauded Students | Yahoo Finance
The Education Department (ED) has thrown out a Trump-era rule that limited debt relief for 72,000 borrowers who had graduated from fraudulent for-profit colleges.
Education Department Scraps DeVos Loan Relief Standard (1) | Bloomberg Government
The Biden administration will scrap standards issued by former Education Secretary Betsy DeVos that granted only partial loan forgiveness to defrauded student borrowers.
Cardona Scraps DeVos Policy, Will Fully Cancel Debt of Many Students Defrauded by Colleges | Washington Post
About 72,000 people will have their federal loans fully canceled after Education Secretary Miguel Cardona on Thursday scrapped a plan to give partial debt relief to students defrauded by their colleges, ending a controversial policy instituted by his predecessor Betsy DeVos.
Education Dept. Begins Rolling Back Trump-Era Policies On Defrauded Students | NPR
The U.S. Department of Education announced Thursday it is scrapping a controversial formula, championed by former Education Secretary Betsy DeVos, that granted only partial student loan relief to borrowers who were defrauded by private, for-profit colleges.
72,000 Borrowers Will Get $1 Billion In Student Loan Forgiveness - Do You Qualify? | Forbes
The U.S. Department of Education announced on Thursday that tens of thousands of student loan borrowers who were defrauded by their schools will receive student loan forgiveness that could total $1 billion.