{"id":2018927,"date":"2023-09-01T02:43:02","date_gmt":"2023-09-01T06:43:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-administration-forgives-another-72-million-in-loans-for-students-cheated-by-one-school\/"},"modified":"2023-09-01T02:45:51","modified_gmt":"2023-09-01T06:45:51","slug":"biden-administration-forgives-another-72-million-in-loans-for-students-cheated-by-one-school","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-administration-forgives-another-72-million-in-loans-for-students-cheated-by-one-school\/","title":{"rendered":"Biden Admin pardons $72M in loans for students wronged by one school."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-administration-forgives-another-72-million-in-loans-for-students-cheated-by-one-school%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2018927&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>The\u200d Biden Administration Cancels\u2064 $72 Million in Student\u200b Loans for\u200d Cheated Students<\/h2>\n<p>The Biden administration has taken another step\u2063 towards providing relief to student borrowers by canceling \u200d$72 million in\u200d student loans. This decision comes after thousands of students were &#8220;cheated&#8221;\u2063 by Ashford University, an online for-profit school based in \u200dSan Diego.<\/p>\n<p>About 2,300 student borrowers who attended \u200cAshford University will have\u200d their debt wiped away. \u200bThe Department of Education\u200d announced this significant \u2063move in a statement on Wednesday. Ashford University has since been acquired \u200dby the \u2062University of\u2062 Arizona.<\/p>\n<p>This latest batch of debt relief \u2062follows the Supreme Court&#8217;s ruling in \u200dJune, which struck down President Biden&#8217;s $430 billion student debt relief plan. The plan aimed \u2063to forgive the loans \u2062of\u200d 40 million \u2062people. Despite this setback, the Biden administration has now forgiven a total of \u200d$116 billion in student debt for over 3.4 million individuals.<\/p>\n<p>The $72 million \u2064in loan forgiveness is the \u2062result\u200b of the\u200c Department of Education&#8217;s review\u200d of \u200ba \u20642017 lawsuit brought\u2064 against Ashford University by the\u2064 California\u200b Department of Justice. The lawsuit alleged that the \u200dschool\u2063 had misled students about tuition costs,\u2063 employment\u200c potential, and \u2063used aggressive recruiting methods.<\/p>\n<p>Ashford \u2062students filed borrower defense claims, stating \u200bthat \u200cthey were defrauded by the school. These claims can lead to loan forgiveness if approved. A judge ruled that Ashford University made 1.2 million misrepresentations to students between 2009 and 2020, imposing a\u2063 civil penalty\u200b of $22.3 million. The school is currently appealing \u200cthe ruling.<\/p>\n<p>The court&#8217;s decision highlighted the school&#8217;s \u200dunethical practices,\u200b stating that Ashford University had a high-pressure admissions department focused on enrollment numbers. Admissions counselors were willing to cross ethical \u2064boundaries \u2063to boost numbers and secure their jobs.<\/p>\n<p>&#8220;As the California Department of Justice proved in\u2064 court, Ashford relied extensively on high-pressure and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-administration-forgives-72m-more-of-student-loan-debt-calls-it-protecting-the-cheated\/\" title=\"Biden forgives additional M in student loan debt, defends the 'cheated'.\">deceptive recruiting tactics<\/a> to \u200dlure students,&#8221; said Under Secretary of Education James Kvaal in Wednesday&#8217;s statement. &#8220;Today we are protecting the students \u2064who were\u200d cheated by\u2062 Ashford, and we\u200b will also hold the perpetrators accountable, protect taxpayers, and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/elizabeth-holmes-seeks-to-avoid-prison-for-theranos-fraud\/\" title=\"Elizabeth Holmes Seeks to Avoid Prison for Theranos Fraud\">deter future wrongdoing<\/a>.&#8221;<\/p>\n<p>California Attorney \u2062General Rob Bonta expressed gratitude towards the\u200c Biden-Harris Administration for changing the lives \u2064of thousands \u200dof former Ashford students. He described what Ashford University did to its students\u2063 as\u2062 &#8220;unconscionable and illegal.&#8221;<\/p>\n<h3>Continued Efforts for Student Loan Relief<\/h3>\n<p>Since the \u200bSupreme Court&#8217;s decision, President Biden has\u200d been determined to find alternative ways \u2064to \u2064provide relief to student borrowers. \u2064In an email to student\u2064 loan holders, the administration \u200beven criticized the Supreme Court&#8217;s ruling,\u2063 stating that they &#8220;got it wrong&#8221; on \u2064student debt.<\/p>\n<p>Last month, the administration outlined several immediate debt relief\u2064 actions. One\u2064 of these actions is the Saving \u200don a Valuable Education (SAVE) plan, which will \u200dreduce monthly payments\u2062 to $0 for millions of low-income borrowers.\u200b Additionally, the administration aims\u200d to protect borrowers from negative consequences, \u200bsuch as a hit to\u2064 their credit \u200cscore, when the student loan payment pause ends this fall.<\/p>\n<p>The Biden administration remains committed to finding solutions and \u2064delivering relief to\u200c <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-administration-forgives-another-72-million-in-loans-for-students-cheated-by-one-school\/\" title=\"Biden Admin pardons M in loans for students wronged by one school.\">hard-working\u200c middle-class families burdened<\/a>\u2063 by student loan debt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Biden administration wiped away $72 million in student loans this week, citing the deception of thousands of students by a California school. Around 2,300 borrowers who attended Ashford University, an online for-profit school now owned by the University of Arizona, will have their debt canceled.<\/p>\n","protected":false},"author":107,"featured_media":2018928,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-2018927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2018927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/107"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2018927"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2018927\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2018928"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2018927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2018927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2018927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}