Ed. Dept. Cancels Debts For All Corinthian College Students, Wipes Out $6B of Unpaid Loans
Account Recovery
JUNE 2, 2022
The Department of Education yesterday announced it was canceling $5.8 billion of unpaid student loans taken out by individuals who attended Corinthian Colleges, wiping out the debts for more than 560,000 borrowers in what the department called the “largest single loan discharge” in its history. Issues with Corinthian Colleges date back almost a decade, when … The post Ed.
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