Department of Education announces $500M in relief for students who attended ITT The Department of Education on Thursday approved 18,000 loan forgiveness applications from former ITT Technical Institute students. video Video DeVos: We need to stop focusing on adults and focus on what kids need ...
“We are committed to fixing a broken system. If a borrower qualifies for student loan relief, it shouldn’t take mountains of paperwork or a law degree to obtain it,” said U.S. Secretary of Education Miguel Cardona. “Student loan benefits also should not be so ha...
Student loan forgiveness for borrowers is great, but President Biden's plan does not address the ever-rising cost of a college education, Americans in D.C. say.The Defense of Freedom Institute (DFI) wrote a letter to U.S. Department of Education Inspector General Sandra Bruc...
How institutes with high default rates can be barred from all federal student aid programs; Institutions' right to appeal default rate; Forgiveness of colleges with fewer than thirty former students entering repayment; The Education Departments' exemption of black colleges that had a default rate of...
Higher-education expert Mark Kantrowitz told CNBC the latest discharge is “a continuation of the work that the Department of Education has done, using existing student loan forgiveness and discharge programs to address inequities.” The department has now approved $14.5 billion in student...