The Debt Collective and Morehouse College have joined forces in an extraordinary partnership that will see the complete elimination of over $10 million in student debt. Morehouse College took the remarkable step of transferring its entire collections for the Fall 2022 term and prior to the Debt Collective’s sister organization, the Rolling Jubilee Fund, for […]
Tag: Debt Relief
Posted inNational News
U.S. Department of Education to Cancel $1 Billion in Student Loans for Borrowers
On Thursday, The U.S. Department of Education announced that it will streamline debt relief for millions of borrowers with claims that their secondary institution engaged in misconduct. Recalculating the formula made in the DeVos administration, Cardona and staff will rescind the formula for calculating partial relief and streamline an approach for granting full relief. This […]