115 000 More Borrowers Have Student Debt Cancelled By Biden Admin
The student debt is being forgiven for a very specific group of student loan borrowers — those who went to ITT Technical Institute, a for-profit school that no longer exists and that has been regularly accused of pushing vulnerable students into expensive loans. The students who will have their debt forgiven didn’t finish their degrees and left the school after March 31, 2008, per CNBC. The amount of debt that the Biden administration has now forgiven for student borrowers now amounts to nearly $10 billion — $9....