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The Department of Education just approved $500 million for student debt relief for 18,000 borrowers

Started by SaverLife Moderator T.
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SaverLife Moderator T.

"The Department of Education announced Wednesday it has approved the cancellation of about $500 million worth of federal student loans held by 18,000 borrowers who attended ITT Technical Institute. The borrowers will have 100% of their loans canceled" (CNBC).

Check out the full article here

–SaverLife Moderator Team

N

Nadiay Y.

"The Department of Education announced Wednesday it has approved the cancellation of about $500 million worth of federal student loans held by 18,000 borrowers who attended ITT Technical Institute. The borrowers will have 100% of their loans canceled" (CNBC).

Check out the full article here

–SaverLife Moderator Team

A

A K.

Wow, that's almost $28k each! I'm happy for them, too.

A

April J.

wow! I need to get my student loan taken care of soon. I will read the article that is posted and see what it is about.

J

John N.

This should have been done years ago (2016) when the Department of Education stopped giving ITT money.

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