Students who got partial loan relief to see full discharge

 

March 19, 2021



WASHINGTON (AP) — Thousands of students defrauded by for-profit schools will have their federal loans fully erased, the Biden administration announced Thursday, reversing a Trump administration policy that had given them only partial relief.

The change could lead to $1 billion in loans being canceled for 72,000 borrowers, all of whom attended for-profit schools, the Education Department said.

"Borrowers deserve a simplified and fair path to relief when they have been harmed by their institution's misconduct," said Secretary of Education Miguel Cardona. "A close review of these claims and...



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