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In 2022, Argosy University was one of 153 institutions included in student loan cancellation due to alleged fraud. The class action was brought by a group of more than 200,000 student borrowers, assisted by the Project on Predatory Student Lending, part of the Legal Services Center of Harvard Law School.
Key people. Mark A. McEachen (CEO, Chairman) ; Ryanne Dean, Talent Acquisition Manager. Website. www .edmc .edu. Education Management Corporation (EDMC) was a Pittsburgh, Pennsylvania -based operator of for-profit post-secondary educational institutions in the United States and Canada. [1] The company was founded in 1962. [2]
Reducing student loan debt was a campaign promise for President Joe Biden, whose administration has approved almost $160 billion in debt cancellation for nearly 4.6 million Americans, according to ...
The Education Secretary on Thursday announced a settlement of claims that would give roughly 264,000 student loan borrowers approximately $7.5 billion in debt relief. The settlement resolves a ...
Loaded 0%. Three for-profit colleges appealed to block a settlement that would cancel more than $6 billion in student loans for 200,000 borrowers who applied for a debt discharge because they ...
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...
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