“Secretary of Education Betsy DeVos at CPAC 2017 Feb 23rd 2017 by Michael Vadon” by Michael Vadon licensed under CC BY 2.0

Source: Market Watch

The US Department of Education voided student debt for students who once attended universities that continued to operate even after losing their accreditation.

At least 4,000 loans for alum of Art Institute of Colorado and the Illinois Institute of Art are being cancelled, giving students a “fresh start.”

The loans are worth more than $10 million, and another $6 million are being considered for discharge, according to Market Watch.

Read Full Story: Market Watch

 

 

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US Department of Education Voids Students Debt for Alum of Unaccredited Universities

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Education, News | November 12, 2019 12:30 pm