Wednesday, March 16, 2022

Settlement secures $2.1M in student debt relief for former Argosy students - Natalie Schwartz, Higher Ed Dive

Ten attorneys general recently reached a settlement to cancel student debt incurred by those who attended Argosy University, a collapsed for-profit chain, before the institution abruptly closed in 2019.  The agreement was reached with the current owners of student debt that Argosy's students borrowed from the university. It will be filed in a federal receivership court, according to an announcement. Overall, the deal cancels almost $2.1 million in student loans that Argosy directly issued to students across a dozen campuses. 

https://www.highereddive.com/news/settlement-secures-21m-in-student-debt-relief-for-former-argosy-students/619639/