The Education Department announced $72 million in student-debt relief for 2,300 borrowers.
On Wednesday, President Joe Biden's Education Department, along with California Attorney General Rob Bonta, announced it was canceling $72 million in student debt for 2,300 borrowers who it said were "cheated" by Ashford University, an online for-profit school based in San Diego.
In 2022, a judge ruled that Ashford made 1.2 million misrepresentations to students and faced a civil penalty of $22.3 million.
I want to thank the Biden-Harris Administration for changing the lives of thousands of former Ashford students today.
Since Biden took office, his Education Department has taken a number of steps to provide debt relief to targeted groups.
Persons:
Joe Biden's, Rob Bonta, Bonta, Harris, Ashford, Biden
Organizations:
Education Department, Ashford University, Service, Joe Biden's Education Department, California Department of Justice, Ashford, Biden, Harris Administration, Department
Locations:
Wall, Silicon, California, San Diego, Ashford, Zovio, Colorado, CollegeAmerica