Biden administration cancels all loans for Corinthian College students – UPI.com (560,000 borowers)

The Department of Education announced Wednesday it will forgive all remaining federal loans students borrowed to attend any campus operated by Corinthian Colleges.

The department said it is the largest single loan discharge in its history and will save 560,000 borrowers a total of $5.8 billion after an investigation revealed the company deceived students.

 

Source: Biden administration cancels all loans for Corinthian College students – UPI.com