Former Argosy University students seek debt relief as Biden's term ends

Former students of Argosy University are losing hope for debt relief as President Biden's term nears its end. Many, like Valerie Scott, owe large sums due to being misled by the now-closed for-profit college, which shut down in 2019. The Biden administration has approved over $28.7 billion in loan discharges for defrauded borrowers, but Argosy students have not been included in recent relief efforts. Critics highlight that many applications for debt cancellation remain pending, with 400,000 borrowers waiting for decisions. Under the previous Trump administration, many applications were denied or stalled. The current administration has made progress, but some students still face financial vulnerability and the risk of wage garnishment due to unresolved debts.