Student loans will be discharged for over 260,000 former students of San Diego-based online school Ashford University and its parent company, federal officials said Wednesday. The announcement comes nearly three years after a San Diego judge ordered more than $22 million in penalties against Ashford and parent company Zovio Inc. San Diego Superior Court Judge Eddie Sturgeon determined that Ashford gave students “false or misleading information a…

Times of San Diego

San Diego County

California

United States

Loans to be Forgiven for Thousands of Students Misled by Discredited Ashford University

More than 260,000 former students of the now-defunct for-profit Ashford University are getting their student loans erased as the Biden administration presses ahead with debt forgiveness in its final days.

Ad Fontes Media

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New York Post

Murdoch family

New York

Biden administration cancels loans for 260,000 former students of now-defunct Ashford University

The federal government will discharge a combined $4.5 billion in debt for some 261,000 borrowers duped by Ashford's deceptive recruiting tactics

The Mercury news

Alden Global Capital

San Jose

Santa Clara County

Biden administration to forgive debt for students of former California-based Ashford University

More than a quarter-million students who attended former San Diego for-profit college Ashford University, which was found to have violated numerous laws and left most attendees without the degrees it promised, will have a collective $4.5 billion in student loan debts forgiven, the Biden administration announced Wednesday. The U.S. Department of Education said it will discharge the debt for about 261,000 borrowers who attended the mostly online c…

San Diego Union Tribune

Patrick Soon-Shiong

San Diego

Biden administration to forgive debt for students of former San Diego-based Ashford University

WASHINGTON (AP) — More than 260,000 former students of the now-defunct for-profit Ashford University are getting their student loans erased as the Biden administration presses ahead with debt forgiveness in its final days. Ashford was once one of the nation’s largest for-profit college companies, with more than 100,000 students. It was owned by the company Zovio until the University of Arizona bought the online college in 2020. The Education Dep…

Morning Sun

Pittsburg Publishing LLC

Pittsburg

Crawford County

Kansas

Biden administration cancels loans for 260,000 former Ashford University students - The Morning Sun

by Misty Severi   The Department of Education (DOE) on Wednesday announced the forgiveness of another $4.5 billion in student loans for over 200,000 borrowers at Ashford University, in one of the department’s final moves of the Biden administration. President Joe Biden and his administration have attempted to clear out a massive amount of student loan debt for Americans who are still paying off their loans after 20 years, though some efforts hav…

The Ohio Star

Star News Network

Ohio

Education Department Forgives $4.5 Billion in Student Loans for over 200,000 Borrowers – The Ohio Star

Ashford borrowers approved for a discharge will receive emails from the Department of Education in the coming days.

KPBS

California State University

Debt discharged for 260,000 ex-students of San Diego-based Ashford University

Ashford University was one the country’s largest for-profit college companies at one point.

Inc.

Joe Mansueto

Biden Administration Forgives 260,000 Loans for Ashford University Students

The Biden administration has announced a $4.5 billion student loan forgiveness scheme for 261,000 individuals who attended Ashford University between 2009 and 2020. This is the final significant round of student debt relief under President Biden, aimed at individuals deceived by the now-defunct for-profit company. The judgment came after investigations indicated that Ashford misrepresented key features of its programs, including fees, transfer c…

The Published Reporter

Who qualifies for Biden’s latest round of $4.5 billion in student loan forgiveness?

The Education Department is discharging any remaining loans for more than 260,000 borrowers who attended Ashford University and will move to bar a key executive at Ashford’s former parent company from the federal financial aid system, the agency

Inside Higher Ed | Higher Education News, Events and Jobs…

Biden administration discharges $4.5B in loans for Ashford students

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Student Loans

Biden Administration

The San Joaquin Valley Sun

New Orleans CityBusiness

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Loans to be Forgiven for Thousands of Students Misled by Discredited Ashford University

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