The Biden administration just reversed a Trump policy that now makes it where if you were defrauded by your college into student loan debt it can be fully forgiven. Said to effect some 73,000 people. If you think you might be eligible for this, Forbes has a good article on qualification that I recommend checking out.
They even go into detail on what to do if you were in a similar situation. So this is something of a PSA for borrowers that got screwed over by shady colleges; I've heard stories before and they should not be able to get away with this. Glad Biden is taking action on this.
J.K.Logic Wrote:The Biden administration just reversed a Trump policy that now makes it where if you were defrauded by your college into student loan debt it can be fully forgiven. Said to effect some 73,000 people. If you think you might be eligible for this, Forbes has a good article on qualification that I recommend checking out.They even go into detail on what to do if you were in a similar situation. So this is something of a PSA for borrowers that got screwed over by shady colleges; I've heard stories before and they should not be able to get away with this. Glad Biden is taking action on this.