Biden cancels $72 million in student loan debt for borrowers who went to for-profit Ashford University
Headline from KTVZ Bend
By Katie Lobosco, CNN Washington (CNN) — Even though President Joe Biden’s student loan forgiveness program was blocked by the Supreme Court earlier this year, his administration is moving forward with more targeted student debt cancellations allowed under existing programs.
KTVZ Bend's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The Biden administration announced on Wednesday it would forgive $72 million in student debt for more than 2,300 borrowers who attended Ashford University.
The Education Department announced the action Wednesday, saying it will seek to recoup the money from the University of Arizona. The university did not immediately provide a comment.
The Biden administration on Wednesday announced that it had approved $72 million in new student loan forgiveness for borrowers who were defrauded by their school.
By Katie Lobosco, CNN Washington (CNN) — Even though President Joe Biden’s student loan forgiveness program was blocked by the Supreme Court earlier this year, his administration is moving forward with more targeted student debt cancellations allowed under existing programs.
The Biden administration is canceling $72 million in student loans for 2,300 borrowers who say they were cheated by Ashford University, a former for-profit college that was purchased by the University of Arizona in 2020.
By Katie Lobosco, CNN Washington (CNN) — Even though the Supreme Court struck down President Joe Biden’s student loan forgiveness program, more debt will be canceled during his time in office than under any other president.
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