Wednesday, March 22, 2023

Some student loans to be forgiven

 A class action suit in California seems to provide that about 200,000 students who attended 151 particular colleges would have their Direct Loan or their FFEL loan and who filed requests for borrower defense will have their student loan automatically forgiven.

You should check to see if your institution is on this list!

Of interest to Minnesotans I see Capella University, Brown Institute and Minnesota School of Business on this list.

This is a little hard to read in this format;  if you send me your email address I will send you an easier-to-read copy of the list.

NOTE:  This is NOT the plan by the Biden Administration to forgive $10,000 worth of loans -- that is an entirely different issue.