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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 action applies to borrowers who enrolled in Phoenix ...
The University of Phoenix was one of 153 institutions included in student loan cancellation due to alleged fraud. The class action was brought by a group of more than 200,000 student borrowers in 2019, assisted by the Project on Predatory Student Lending, part of the Legal Services Center of Harvard Law School. [92]
Updated April 12, 2024 at 3:14 PM. WASHINGTON — President Joe Biden announced Friday that his administration is canceling $7.4 billion in student loans for 277,000 borrowers. The White House ...
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...
The former University of Phoenix students now eligible for debt relief were enrolled at the school between September 21, 2012, and December 31, 2014, and have already applied for loan forgiveness ...
February 21, 2024 at 11:20 AM. The Biden administration has discharged another $1.2 billion in student loan debt under a key provision of the Saving on A Valuable Education, or SAVE income-driven ...
The Supreme Court this summer struck down Biden's more sweeping student loan debt relief plan, which would have allowed around 43 million eligible borrowers to cancel up to $20,000 each in debt.
On Friday, April 12, the Biden-Harris administration announced an additional $7.4 billion in student loan forgiveness for more than 200,000 SAVE Plan users. This round of forgiveness primarily ...
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