At this point, many student loan borrowers are painfully aware that President Biden's attempt to broadly forgive educational debt has been struck down by the Supreme Court. In fact, millions of borrowers who were able to pause their student loan payments during the pandemic are now gearing up to start sending checks to their loan servicers, once again.
But now, more than 2,300 student loan borrowers who attended Ashford University in San Diego may not have to worry about making payments on their debt. That's because the Biden Administration just wiped out $72 million of loans for students of that college who were victims of fraud.
The U.S. Department of Education is set up to protect student loan borrowers who are grossly misled or defrauded by the schools they attend. Meanwhile, the Department of Education found that Ashford University made substantial misrepresentations to students between 2009 and 2020. As a result, many students of the university had a hard time obtaining degrees or getting jobs after graduating.
Because of this, the Biden Administration is forgiving $72 million in loans for students who were negatively impacted by those false claims. Those eligible for relief should be notified in September.
Students who are defrauded by the colleges they attend sometimes wind up being eligible for debt relief after signing their loans....
Chief Douglas Otaru, the former publicity secretary who was recently removed from his position following the APC state congress, was quoted as making several allegations against Dr. Aliyu Bello, t...