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Full debt relief to be provided to US students defrauded by colleges

Full debt relief to be provided to US students defrauded by colleges

The Biden administration announced that students who were defrauded by their colleges and received only partial relief from their federal loans could now see them fully cancelled. The change could lead to $1bn in loans being cancelled for 72,000 borrowers. The Department of Education said it was rescinding the formula used by the Trump administration to determine partial relief.

Tom A
Tom A
Robert_Clearwater
Robert_Clearwater 4 weeks

Sorry but there's no more money in the budget. We paid the mortgages of a bunch of non-whites, gave premium Healthcare to fence jumpers, and turned the military into an open wound on hormone therapy. Sorry, not sorry.

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