Education Department Cancels $1.5 Billion in Student Debt for 79,000 Borrowers Subjected to ‘False Promises' by Westwood College
Headline from NBC 5 Dallas-Fort Worth
The U.S. Department of Education announced on Tuesday that it will cancel the student loans for 79,000 borrowers who attended Westwood College.
NBC 5 Dallas-Fort Worth's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The Biden administration is approving $1.5 billion in student loan cancellation for 79,000 borrowers who attended Westwood College, a chain of for-profit schools.
The Biden administration says it will cancel any federal student loans used to attend the for-profit Westwood College from 2002 through 2015 after officials found that the school exaggerated the
The Biden administration is erasing $1.5 billion in federal student debt for those who went to Westwood College after officials found the school exaggerated job prospects.
The Education Department intends to wipe out the federal debt of those who attended the for-profit school from 2002 until it closed in 2016 without requiring them to apply.