"Massive Student Loan Forgiveness and Violations: Advocates Demand Action"

The Biden administration has approved over $22 billion in student loan forgiveness for borrowers who were defrauded by their schools, with an additional $37 million just announced for former students of the University of Phoenix. Eligible borrowers include those who were cheated by their schools or were covered by related court settlements. The Education Department is also implementing $6 billion in student loan forgiveness under a settlement agreement for mishandled Borrower Defense to Repayment applications. The department encourages defrauded borrowers to apply for student loan forgiveness through the Borrower Defense program.