The Department of Education said it will cancel $150 million of student loan debt, impacting about 15,000 people whose schools closed. DeVos was highly critical of the program, reportedly calling it a “free money” giveaway, and sought to change and delay the program. EDUCATION DEPARTMENT UNVEILS NEW TITLE IX GUIDANCE FOR CAMPUS SEXUAL ASSAULT: HERE’S WHAT WILL CHANGESo far, about 15,000 people have been flagged by the Education Department as eligible. About $80 million of the $150 million debt is attributed to the now-defunct Corinthian schools. Borrowers will begin to be notified of student loan discharges by email on Friday, the department said.
Source: Fox News December 14, 2018 14:15 UTC