Biden administration erases loans for 260,000 former Ashford University students due to university misconduct

The Biden administration has forgiven loans for 260,000 former students of Ashford University, following accusations of misconduct. The university misled students about accreditation, costs, and graduation timelines, prompting the Education Department’s action. This widespread loan forgiveness applies to students who attended between March 2009 and April 2020. Additionally, Zovio’s founder, Andrew Clark, faces a debarment proposal for his role in the misconduct. The move is part of broader efforts to address predatory practices in higher education.