The Obama administration is wading through nearly 20,000 applications from Americans seeking to have student loans canceled on the grounds they were deceived by colleges, the fallout from a student-debt boom that already has led the government to forgive tens of millions of dollars of borrowings. As of early May, 19,657 borrowers alleging illegal practices by their schools had applied to the Education Department to be relieved of repaying their federal student loans. Under a decades-old law, borrowers are entitled to have loans forgiven if they prove their schools used deceptive advertising and recruiting. That total represents a surge in such requests. As of January, the agency had received about 7,500 applications for forgiveness from borrowers owing an aggregate $164 million.

May 26, 2016 ・ From The Wall Street Journal