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|User Info||Student Loan 'Forgiveness'?; entered at 2022-06-01 20:12:58|
Registered: 2007-11-30 Texas
Biden administration will cancel student debt for half a million students from Corinthian Colleges|
"Around 560,000 student loan borrowers who attended Corinthian Colleges will soon get their balances cleared, senior Biden administration officials say.
Formerly one of the largest for-profit education companies, the schools have been accused of predatory and unlawful practices, and faced numerous lawsuits.
The Biden administration plans to cancel all outstanding student loans for those who attended Corinthian Colleges, formerly one of the largest for-profit education companies, the U.S. Department of Education announced on Wednesday."