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Biden Administration Cancels $4.5 Billion in Student Debt for Former Ashford University Students

Diverse: Issues in Higher Education

Department of Education announced Wednesday a massive student loan discharge affecting 261,000 borrowers who attended Ashford University, following evidence of widespread deceptive practices at the online institution. The discharge covers loans taken out between March 1, 2009, and April 30, 2020.

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Partnership and Policy for Academic Advising

The University Innovation Alliance

Although he returned to the private sector after his tenure in the Obama Administration, Secretary Duncan generously shared his views on the need for institutions to support student success, the need for government to encourage institutions in this effort, and the urgency for moving ahead with these initiatives. Secretary of Education.

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The Council for Opportunity in Education Names Diane Shust as Its Vice President for Public Policy

COE

From 2009 until 2017, Shust was chief of staff to Representative Jim McDermott (D-WA). She supervised the introduction of bills to reduce student debt, including one adopted by the U.S. Treasury Department as official guidance shielding 50,000 Corinthian College students from owing taxes on forgiven student loan debt.

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Education Department Announces Framework for Student Loan Servicer Accountability

Diverse: Issues in Higher Education

The Biden-Harris Administration has announced a new framework to better hold student loan servicers accountable and protect borrowers from servicer errors. FSA COO Richard Cordray “The Biden-Harris Administration has made clear that we will not allow borrowers to pay the price for unacceptable servicing failures,” said U.S.