Student Loan Debt Is Being Erased For Those Who Went To For-Profit Colleges

Essence Magazine:

By Jasmine Browley ·Updated July 5, 2022

A landmark lawsuit win is alleviating the crushing weight of student debt for a group of borrowers.

Bloomberg recently reported that the US Department of Education agreed to wipe out almost $6 billion in student loans for borrowers who filed a class-action lawsuit against the government, stating for-profit colleges misled them.

Nearly 200,000 borrowers are getting student debt relief via the Sweet

This post first appeared in Essence Magazine. Read the original article.