More than 1,200 student-loan borrowers who attended the University of Phoenix will have nearly $37 million in student debt canceled, the Department of Education announced Wednesday.
The announcement impacts borrowers who attended the University of Phoenix, the for-profit college giant, between September 21, 2012 and December 31, 2014, the Department said. To qualify for the relief, former students had to fill out a borrower defense claim, an application form borrowers can use to petition to have their federal student debt…
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