September 12, 2022 — Article

Over the last few months, the Department of Education has made a number of groundbreaking announcements that will provide debt relief to millions of people with student loans. In addition to the big announcement that most people with federal student loan debt can apply to have $10,000 to $20,000 of that debt cancelled, the Department has also announced it will fully cancel the debts borrowers took on to attend four large predatory schools– Marinello Schools of BeautyCorinthian CollegesITT Tech, and Westwood College–without requiring those borrowers to apply. In addition, the Department has announced it will discharge the debts and provide refunds to borrowers covered by a group borrower defense application submitted by the Massachusetts attorney general which requested relief for borrowers who attended the Medical Assistant or Medical Billing and Coding programs at Kaplan Career Institute in Massachusetts between 2009 and 2012. The Department will discharge $14.5 billion in debts for 1.1 million borrowers who attended these four schools.