News
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.
Statement on Education Department Rescinding Partial Relief Policy | Press Release
Today, the Department of Education rescinded its second partial relief policy. Its first was enjoined by a federal court in Calvillo Manriquez v. DeVos. This second policy has been challenged in Pratt v. DeVos. This policy was layered on top of the harmful 2019 borrower defense rules, and its repeal does not affect those rules.
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.
Dear Secretary Cardona: Cancel For-Profit College Debt Now | Blog
The government has a legal obligation to cancel the debts of our clients, students defrauded by predatory for-profit colleges, and they cannot afford to wait any longer. That’s why we wrote a letter to President Biden’s recently confirmed Education Secretary Miguel Cardona, outlining his authority and obligation to take three immediate actions to finally provide justice for students who were harmed by this industry.
Project Urges Secretary Cardona to Cancel Debts of For-Profit College Students Immediately | Press Release
The Project is asks newly-confirmed United States Education Secretary Miguel Cardona to cancel the debts of hundreds of thousands of former for-profit college students under his existing authority immediately.
Student Loan Truth: Blake’s Art Institute Story | Blog
After personal loss made him take another look at his life, Blake Baron decided to invest in his future and pursue a degree in graphic design at the Art Institute. But he quickly realized that the time he invested in the program and the money he was spending wasn’t worth the terrible education he was getting. Even after leaving the school without a degree, he still owes over $30,000 in federal loans.