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52°
Saturday, apr 27
Tag:
Student Loan Debt
News
1,300 Pennsylvania Students Won't Have To Pay Student Loans Thanks To $2.6M Agreement
A $2.6 million agreement entered by the Pennsylvania Attorney General's office has alleviated student debt for 1,300 students. The agreement will result in the cancellation of approximately $2.6 million in private Pennsylvania student loans held by students who attended schools operated by the now-defunct Education Corporation of America, AG Josh Shapiro said. The defunct corporation abruptly closed due to its loss of accreditation and its failure to meet federal Department of Education financial requirements in December 2018. ECA operated Brightwood campuses in Philadelphi…