Top
image credit: Adobe Stock

Education Department Approves $1.5B in Debt Relief

The Department of Education announced today that it will discharge all remaining federal student loans for borrowers who enrolled in any location of Westwood College (including enrollment in Westwood’s online program) between Jan. 1, 2002, and Nov. 17, 2015, when it stopped enrolling new borrowers in advance of its 2016 closure.

The department said that it has analyzed the evidence related to Westwood and concluded that the for-profit college “engaged in widespread misrepresentations about the value of its credentials for attendees’ and graduates’ employment prospects such that all borrowers who attended during the period described above are entitled to a full loan discharge.”

Read More on Inside Higher Ed