Biden administration canceling $6 billion in student loan debt for 200,000 borrowers | Fox Business

About 200,000 people will have roughly $6 billion worth of student loan debt canceled under a deal reached by the Biden administration this week.

The agreement covers more than 150 schools, including DeVry University, the University of Phoenix, and the recently defunct ITT Technical Institute.

Another 68,000 borrowers who did not attend eligible colleges will have their applications for relief fast tracked under the deal.

Source: Biden administration canceling $6 billion in student loan debt for 200,000 borrowers | Fox Business

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