The Biden-Harris Administration has announced a group discharge for 261,000 borrowers with loans from Ashford University. Largely an online institution, Ashford had a campus in Clinton, Iowa, that was formerly the home of Mount St. Clare College.

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Education Department discharges $4.5B in loans for former Ashford University students

The U.S. Department of Education on Jan. 15 said it has approved a discharge of $4.5 billion in federal student loans owed by former students of a for-profit university, citing evidence of “deceptive” practices at the institution.
The relief applies to 261,000 borrowers who attended Ashford University from March 1, 2009, through April 30, 2020. Eligible borrowers will receive email notifications in the coming days and will not need to take addit…

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Biden Admin Discharges Another $4.5 Billion in Student Loan Debts for 261,000 Borrowers

The Biden-Harris Administration announced Wednesday that student loans will be discharged for over 260,000 former students of San Diego-based online school Ashford University and its parent company after courts ruled the school gave misleading statements to prospective students. 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. for giving stu…

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Debt canceled for 260,000 former students of San Diego-based Ashford University

The U.S. Department of Education has announced the forgiveness of $4.5 billion in student loans for more than 200,000 borrowers, specifically targeting those who attended Ashford University. This move is part of the Biden administration’s broader effort to alleviate the burden of student debt for Americans. The relief applies to students who were enrolled at Ashford University, now known as the University of Arizona Global Campus, from March 200…

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Biden’s Education Department Announces $4.5 Billion in Student Loan Forgiveness for Over 200,000 Borrowers

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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…

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Education Department Forgives $4.5 Billion in Student Loans for over 200,000 Borrowers | The Star News Network

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The agency also is moving to bar the former founder and CEO of Zovio, which owned the online university, from leading any institution taking Title IV funds.

The Biden Department of Education announced today it has approved $4.5 billion in loan debt cancellation for 261,000 borrowers who attended for-profit

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Feds Cancel Debts for 261,000 Students of Disgraced School Now Run by U. of Arizona

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$4.5 billion in loan debt owed by former Ashford University students wiped from books

A few days after leaving the White House, the Biden Administration announced the elimination of student debt for 261,000 people, which implies some $4.5 billion forgiven. The announcement adds to the series of last-minute measures implemented by Joe Biden before leaving office, the removal of Cuba from the list of countries sponsoring terrorism, among other things. Read more]]>

A pocos días de abandonar la Casa Blanca, la Administración Biden anunció la eliminación de deuda estudiantil para 261.000 personas, lo que implica unos 4.500 millones de dólares perdonados. El anuncio se suma a la serie de medidas de última hora implementadas por Joe Biden antes de dejar el cargo, la eliminación de Cuba de la lista de los países patrocinadores de terrorismo, entre otras cosas. Leer más]]>

$4.5 billion in loan debt owed by former Ashford University students wiped from books

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