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Biden administration to forgive Corinthian College loans

The Education Department said Wednesday that it plans to wipe away $5.8 Billion owed by more than half-a-million borrowers who attended the Corinthian Colleges. Those schools formed one of the nation’s largest for-profit colleges–but they dissolved in 2015.

Biden administration to forgive Corinthian College loans It will be the largest student debt cancellation in American history.

Host Peter O’Dowd talks with Ali Velshi, MSNBC anchor and economics correspondent.

This article was originally published on WBUR.org.

Copyright 2022 NPR. To see more, visit https://www.npr.org.