Student Loan Relief

New relief measures are available for borrowers from for-profit universities, with around 72,000 eligible for approximately $1 billion in loan cancellation under the borrower defense to repayment program. Proving fraud or misleading information from these institutions is key to qualifying for this forgiveness. Additionally, the surge in applications to selective schools, particularly Ivy League institutions, has led to delays in admission decisions as they navigate a significant increase in applicants, especially those who previously felt discouraged by standardized test requirements.