Biden’s $130 Million Debt Relief for Wronged Students
Student Debt Forgiveness for CollegeAmerica Borrowers The Biden administration is forgiving $130 million in student debt for 7,400 borrowers who attended the now-defunct CollegeAmerica, a Colorado-based private school whose parent company allegedly misrepresented graduates’ salary, employment rates, and other information. Details of the Debt Cancellation The debt cancellation specifically applies to borrowers who attended CollegeAmerica’s…