Colorado students at private career school that lost accreditation get federal loan relief

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The federal government will forgive loans for 1000s of Colorado students who attended a private career school with Utah ties that lost accreditation, federal and state officials announced.

FILE - New graduates line up before the start of a community college commencement in East Rutherford, N.J., May 17, 2018.

This summer, millions of Americans with student loans will be able to apply for a new repayment plan that offers some of the most lenient terms ever. Interest won’t pile up as long as borrowers make regular payments. Millions of people will have payments of $0. And starting in 2024, undergraduate loan payments will be reduced by half.

 

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