Biden administration to forgive debt for students of former San Diego-based 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
Loans to be Forgiven for Thousands of Students Misled by Discredited Ashford University
Student loans will be discharged for over 260,000 former students of San Diego-based online school Ashford University, officials said.
Debt discharged for 260,000 ex-students of San Diego-based Ashford University
Ashford borrowers approved for a discharge will receive emails from the Department of Education in the coming days.
Debt to be forgiven for former students misled by San Diego-based university
The $4.5 billion in debt forgiven for Ashford students will be the latest discharged for students whose schools took advantage of them or closed, the Biden administration said, per the Union-Tribune; in all, the number is $34 billion for nearly 2 million borrowers who attended such institutions.
Biden administration cancels loans for 260,000 former Ashford University students
In 2023 the agency canceled loans for an initial 2,300 former Ashford students who applied for relief through the borrower defense program. The new action expands forgiveness to all former students who attended during the alleged misconduct, even if they didn't apply for relief.
Biden Forgives $4.5 Billion In Loans For Over 260,000 Ashford University Borrowers Amid Allegations Of Deceptive Practices
The Biden administration announced $4.5 billion in federal student loan forgiveness for 260,000 borrowers who attended Ashford University between 2009 and 2020. The relief stems from a California Department of Justice lawsuit against Ashford and its parent company,
Biden Administration Wipes Out Debts for 261,000 Former Ashford U Students
The agency’s action, totaling $4.5 billion, builds on an August 2023 decision to forgive $72 million in loans for 2,300 former Ashford students after finding that the college repeatedly lied to them about the cost,
NBC 7 San Diego4d
Biden administration forgives $4.5 billion for 261,000 borrowers who attended Ashford University
The Biden administration announced on Wednesday that it would forgive $4.5 billion in student debt for 261,000 borrowers who attended Ashford University. Borrowers who qualify for the relief are ...
Yahoo Finance3d
Education Department discharges $4.5B in loans for former Ashford University students
The U.S. Department of Education has discharged $4.5 billion in loans for former students of Ashford University, the agency said Wednesday. The discharge covers 261,000 borrowers who attended the ...
Inc4d
Biden Administration Forgives 260,000 Loans for Ashford University Students
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 ...