A for-profit college accused of targeting women and Black students with false advertising about how long it would take to complete a degree, then extracting millions of dollars in extra tuition payments, agreed to a $28.5 million settlement announced Thursday. The class-action lawsuit alleged that Walden University generated millions of dollars in excess tuition and fees by prolonging projects required …
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Three former Department of Education employees charged with defrauding Arizona voucher program
Three former Arizona Department of Education employees were indicted on conspiracy and money laundering charges in what prosecutors say was a scheme to defraud more than $600,000 from an education voucher program that has drawn criticism for its skyrocketing costs and lax regulation by the state. Prosecutors said Thursday that the three employees approved applications for 17 students -– five …
Read More »Biden administration looks to expand student loan forgiveness to those facing ‘hardship’
WASHINGTON (AP) — Americans who are struggling to repay federal student loans because of financial hardship could get some of their debt canceled under President Joe Biden’s latest proposal for widespread loan forgiveness. Several categories of borrowers would be eligible for relief under Biden’s second try at widespread cancellation after the Supreme Court rejected his first plan last year. Those …
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