Biden administration cancels additional $55.6 million in student debt
Posted on AllSides July 9th, 2021
From The Left
The Department of Education canceled an additional $55.6 million in student loan debt for 1,800 student who were victims of a for-profit college fraud, bringing the total amount of canceled student loan debt by the Biden administration to $1.5 billion.
"Today’s announcement continues the U.S. Department of Education’s commitment to standing up for students whose colleges took advantage of them,” Miguel Cardona, the secretary of education, said in the department’s statement released Friday.
The latest loan cancellation is for students who attended Westwood College, Marinello Schools of Beauty and the...
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