The Biden administration plans to forgive all federal student loan debt still owed by more than a half million borrowers who attended Corinthian Colleges, capping off one of the most notorious for-profit college fraud scandals whose fallout has now spanned three presidencies.
The debt relief will provide $5.8 billion worth of loan forgiveness to some 560,000 borrowers who attended dozens of Corinthian campuses scattered across the country during the company’s two decades of operation.
Vice President Kamala
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