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White House says working to give relief to student loan borrowers

Published 03/19/2021, 12:29 PM
Updated 03/19/2021, 12:40 PM
© Reuters. Jean-Pierre, White House Deputy Press Secretary, speaks with reporters outside the West Wing in Washington

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.

© Reuters. Jean-Pierre, White House Deputy Press Secretary, speaks with reporters outside the West Wing in Washington

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.

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