The Biden administration is making it a little easier for borrowers who were misled by their for-profit college to apply for student loan forgiveness
. This comes as the president’s broader, separate plan to cancel up to $20,000 in student debt is held up in the courts. The Department of Education launched a new webpage this week, providing clearer instructions for people seeking debt forgiveness under a program called borrower defense to repayment. Borrowers who have been misled by their college have long had the right to request loan forgiveness, but the application process wasn’t clearly established until the Obama administration.
Under President Joe Biden, the agency has made progress in whittling down a backlog of borrower defense claims that built up during the Trump administration. At one point, more than 200,000 borrower defense claims were pending. Former Education Secretary Betsy DeVos made it clear that she thought the rule was “bad policy” that puts taxpayers on the hook for the cost of the debt relief without the right safeguards in place and made changes to limit its reach.
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