Biden administration cancels $72 million in student loans for borrowers who attended for-profit Ashford University ...Middle East

The Biden administration announced Wednesday that it would be cancelling $72 million in student loans for borrowers who attended Ashford University, a former for-profit institution that the University of Arizona purchased in 2020. “As the California Department of Justice proved in court, Ashford relied extensively on high-pressure and deceptive recruiting tactics to lure students,” U.S. Under Secretary of Education James Kvaal said in a statement. “Today we are protecting the students who were cheated by Ashford, and we will also hold the perpetrators accountable, protect taxpayers, and deter future wrongdoing.” The Education Department announced that 2,300 borrowers who said they

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Biden administration cancels $72 million in student loans for borrowers who attended for-profit Ashford University ...Middle East

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