Published 3 years ago

Good Job, Joe: Biden Administration Forgives $500 Million in Student Loans

Summary by Ground News

The Department of Education will cancel about $500 million in federal student loans for thousands of borrowers who attended ITT Technical Institute. The forgiveness program will cancel 100 percent of loans held by 18,000 borrowers who went to ITT, a for-profit institution that faced widespread allegations of fraud.

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The National Interest

Good Job, Joe: Biden Administration Forgives $500 Million in Student Loans

Rachel BucchinoStudent Loan Cancellation, The Department of Education on Wednesday announced that it will cancel about $500 million in federal student loans for thousands of borrowers who attended ITT Technical Institute.The Department of Education on Wednesday announced that it will cancel about $500 million in federal student loans for thousands of borrowers who attended ITT Technical Institute.“Our action today will give thousands of borrower…

3 years ago·Washington, United States

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