Biden cancels debt for students of defunct Art Institute of Michigan
The Trump administration limited the number of students who could seek relief after being defrauded by colleges.
The Trump administration limited the number of students who could seek relief after being defrauded by colleges.
The Department of Education said the new round will be available to 153,000 people currently enrolled in President Biden’s SAVE repayment plan.
Sen. Debbie Stabenow wants to lower the amount of time teachers need to serve before qualifying for federal student loan forgiveness.
This debt relief has occurred despite ongoing opposition from congressional Republicans and a Supreme Court ruling against the administration’s plans for debt forgiveness.