On August 16, The Department of Education said that it will cancel $3.9 billion in student loan debt for 208,000 students who attended the now-defunct for-profit ITT Technical Institute. Pictured is the ITT Technical Institute in Anaheim, California, in March of 2004.
Mandatory Credit: Susan Goldman/Bloomberg/Getty Images
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Biden administration cancels another $3.9 billion in student loan debt for former for-profit college students
The Department of Education said Tuesday that it will cancel $3.9 billion in student loan debt for 208,000 students who attended the now-defunct for-profit ITT Technical Institute -- bringing the total amount of loan discharges approved under President Joe Biden to nearly $32 billion.
