The Biden administration released a proposal that will make it easier for students who claim they were defrauded by for-profit colleges to get their federal student loans forgiven, moving to reverse Trump administration limits
Revised borrower defense rule reverses Trump-era limits and is the administration’s latest step to cancel student debt
The Biden administration is nearing a decision on student-loan forgiveness, an issue that could affect millions of Americans and reverberate in the coming midterm elections. Here are some of the key challenges complicating the final decision. Illustration: Ryan Trefes.
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