Miguel Cardona speaks during his confirmation hearing to be Secretary of Education, on Capitol Hill in Washington, on Feb. 3, 2021. (Susan Walsh/POOL/AFP via Getty Images) The Biden administration announced Friday it is canceling about $55.6 million in student loan debt for 1,800 people who attended three institutions that the Department of Education found had defrauded them.
The eligible borrowers, who attended Westwood College, Marinello Schools of Beauty, and the Court Reporting Institute, will receive 100 percent loan discharges amounting to about $55.6 million in relief, the Department of Education announced .
According to the department, this marks the first time […]
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