Biden administration has just canceled $ 5.8 billion in student loans, and more borrowers could see relief soon
The U.S. Department of Education canceled about $ 5.8 billion in outstanding student loans for more than 560,000 borrowers in the largest government loan forgiveness action to date, the department announced Wednesday. The cancellation applies to all those who attended schools run by the late Corinthian Colleges, one of the largest for-profit education companies that …