President Biden’s administration continues to cancel student loan debt for those who have been the victim of for-profit institutions’ fraud. Yesterday Biden cancelled $4 billion in student loan debt for those defrauded by ITT Tech. If you had loans while attending any ITT Tech program you may be impacted by this cancellation. For details click on link here ITT TECH Loan Debt
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What’s Up with Biden Administration’s Student Loan Cancellation & Moratorium?
If you have any Federal Student Loans currently on repayment hold, you may be wondering what is happening with the Biden’s Administration’s plan to cancel loans and if the moratorium will be extended. Here is a good resource from Forbes for where these plans stand.