Biden Will Cancel $1 Billion in Loans to Students Defrauded by For-Profit Colleges

Image Credit: Facebook: Debt Collective

By Democracy Now

HAVANA TIMES – US Education Secretary Miguel Cardona has canceled $1 billion in student loans for more than 70,000 people defrauded by for-profit colleges. The decision reverses a move by former Education Secretary Betsy DeVos to limit student loan relief for people impacted by the collapse of for-profit colleges like Corinthian and ITT Technical Institute.

Read more news here on Havana Times.


One thought on “Biden Will Cancel $1 Billion in Loans to Students Defrauded by For-Profit Colleges

  • March 24, 2021 at 11:34 am
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    This is great , those students got scammed and deserve a break. I wonder about those scammed by Trump University who lost thousands ..
    THat was a for profit university too.

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