Education Department cancels $415 million in student loan debt for victims of fraud
The Education Department announced it canceled another $415 million in student loan debt. It impacts nearly 16,000 borrowers who were misled by for-profit colleges.
The White House said he will address the nation at 3:30 p.m. ET Friday.
The Education Department announced it canceled another $415 million in student loan debt. It impacts nearly 16,000 borrowers who were misled by for-profit colleges.
South Carolina State University Acting President Alexander Conyers announced the school will clear $9.8 million in student debt. Officials from the university say this will clear the account balances of over 2,500 continuing students.