InvestingPort.com - Education Department will cancel student debt for 115,000 borrowers, mainly those that attended this defunct schools

Education Department will cancel student debt for 115,000 borrowers, mainly those that attended this defunct schools

By admin Aug, 26, 2021 Editors Pick

This is going to be a lucky year for folks that qualify for the $1.1 billion loan cancellation plan by the federal government. See below if you qualify.

 

  • The U.S. Department of Education announced Thursday that it will forgive $1.1 billion in student debt for 115,000 borrowers.
  • The debt forgiveness will go to those who attended ITT Technical Institute, a for-profit school that is now defunct.
  • The Biden administration has cancelled student loans for more than 563,000 borrowers since January.

Tags: Student loans Scams loan scam

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