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CNN: Biden has canceled $1.5 billion in student debt for victims of for-profit school fraud https://www.cnn.com/2021/07/09/politics/biden-student-loan-debt-can
by leereeves 5y ago
CNN: Biden has canceled $1.5 billion in student debt for victims of for-profit school fraud
https://www.cnn.com/2021/07/09/politics/biden-student-loan-debt-cancellation/index.html https://www.cnn.com/2021/07/09/politics/biden-student-loan-d...
Those schools, like ITT Tech and the Court Reporting Institute, probably deserve to be shut down, but somehow it's only trade schools that receive this punishment.
Columbia Film, despite having a far worse career placement rate than ITT Tech, won't be accused of fraud. (At least not officially.)
- lr4444lr 5y agoWell yeah, but it's often because the trade schools make pretty strong claims about employability to prospective students, which courts found to constitute fraud. Top Ivies don't make these claims.