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Government to Cancel $6 Billion in Student Loans for Defrauded Borrowers

Around 200,000 former students who attended schools that they said defrauded them will have $6 billion in federal loans canceled under a sweeping settlement announced on Wednesday, the latest move […]




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Corinthian Colleges Student Loans Will Be Forgiven, Education Dept. Says

They also uncovered an obscure clause in the law governing the loans: If borrowers were significantly misled by their school, they could ask the government to forgive their loans. Just […]