Biden Administration Cancels $72 Million in Student Debt. See Who's Eligible.

At this point, many student loan borrowers are painfully aware that President Biden's attempt to broadly forgive educational debt has been struck down by the Supreme Court. In fact, millions of borrowers who were able to pause their student loan payments during the pandemic are now gearing up to start sending checks to their loan servicers, once again.

But now, more than 2,300 student loan borrowers who attended Ashford University in San Diego may not have to worry about making payments on their debt. That's because the Biden Administration just wiped out $72 million of loans for students of that college who were victims of fraud.

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Source Fool.com