ON BOARD AIR FORCE ONE (Reuters) – White House Principal Deputy Press Secretary Karine Jean-Pierre on Friday said the Biden administration was working to give full relief to student loan borrowers who have been taken advantage of.
The U.S. Department of Education on Thursday said it was scrapping a controversial formula, championed by former President Donald Trump’s administration, that granted only partial relief to student loan borrowers who were defrauded by for-profit colleges.
(Reporting by Jeff Mason; Additional reporting by Trevor Hunnicutt)
