University Of Phoenix Loan Forgiveness 2025. Phoenix — student loan borrowers who attended the university of phoenix around 10 years ago may be eligible for a payout, officials said wednesday. The biden administration announced wednesday it is canceling $37 million in student loan debt for students of the online university of phoenix.

If you have federal student loans taken out for your education at the university of phoenix, the next step is to apply for a borrower defense to loan forgiveness. Department of education announced that it will approve federal student loan forgiveness for people who attended the university of phoenix, were deceived by the school’s job placement claims, and submitted.