Last week the Biden Administration announced they would cancel $5.8 billion for borrowers who attended the predatory, for-profit Corinthian Colleges. In April, relief was provided for students who attended a for-profit cosmetology school.
What does this mean for private higher education advocates, and will Biden's piecemeal approach be enough when the payment moratorium is lifted on August 31st? Today we're discussing student loan forgiveness.
GUESTS:
Gabe Rubin, National Economics Reporter, Wall Street Journal
Whitney Barkley-Denney, Senior Policy Counsel, Center for Responsible Lending
Danielle Douglas-Gabriel, National Higher Education Reporter, Washington Post