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Full loan relief rare for students at for-profit colleges

Updated : September 08, 2018 02:12 PM IST

The figures demonstrate the impact of Education Secretary Betsy DeVos' new policy of tiered relief, in which students swindled by for-profit schools are compensated based on their earnings after the program.
Of the roughly 16,000 fraud claims approved thus far by the Education Department under DeVos, slightly more than 1,000 students received full forgiveness on their loans, according to an AP analysis of the data.
Full loan relief rare for students at for-profit colleges

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