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The federal government is discharging $37 million in student loans for over 1,200 former students who attended the University of Phoenix.
The Biden administration is canceling nearly $37 million of federal student loan debt for more than 1,200 borrowers who attended the University of Phoenix because it found that the for-profit ...
The Phoenix, Arizona campus was the only location accepting new in-person students. [2] UoPX would later announce that only one campus would remain open in 2025. [91] The University of Phoenix was one of 153 institutions included in student loan cancellation due to alleged fraud.
The Higher Education Act has been proposed as a potential way to cancel student loan debt. According to a paper by the Legal Services Center at Harvard Law School and commissioned by Senator Elizabeth Warren in September 2020, the Secretary of Education may be able to cancel student loan debt. [54] Following Biden v.
The result was that the veteran was left with over $100,000 in debt and a degree in graphic design that couldn't get him gainful employment. 2020s. In 2022, DeVry University was one of 153 institutions included in student loan cancellation due to alleged fraud.
The Department of Education could pursue University of Phoenix to try to recoup student debt that has been canceled, as it recently did in the case of another for-profit university, Connor said.
Public Service Loan Forgiveness. The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time ...
The University of Phoenix settled its last case with the feds for $191 million — a third of the current proposed purchase price. Could this letter be the beginning of another massive federal ...
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