The Biden administration is set to discharge all remaining federal student loans borrowed to attend Corinthian Colleges, which will amount to $5.8 billion in full loan discharges to 560,000 recipients, the U.S. Department of Education announced on June 1. It comes after Corinthian, which was one of the largest for-profit post-secondary education companies in the United States, faced a string of allegations that…
Biden Administration to Wipe out $5.8 Billion in Student Loans for Former Corinthian College Students
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