Biden Cancels $72M Student Loans: Who Qualifies? 

Biden cancels loans for 2,300 Ashford University attendees due to its accreditation issues and misrepresentation of costs and degree completion time. 

Supreme Court rejected Biden's broad loan cancellation plan; he now focuses on targeted relief for students of misrepresented for-profit schools. 

$72 million in loans discharged automatically for Ashford attendees from March 1, 2009, to April 30, 2020, who applied for borrower defense. 

Eligible students can still apply for borrower defense loan discharge through the Student Aid website. 

Borrower defense allows discharge of federal Direct Loans if the school engaged in misconduct causing harm. 

Applicants need a verified Federal Student Aid website account, school name, and supporting documentation. 

California Attorney General secured $22 million in penalties against Ashford for illegal practices. 

Biden cancels loans for 2,300 Ashford University attendees due to its accreditation issues and misrepresentation of costs and degree completion time. 

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