Tag: Corinthian College

The Biden administration plans to cancel all outstanding student loans for hundreds and thousands of students who attend the for-profit Corinthian College chain. The U.S Department of Education announced on Wednesday that this will be a move that aims to shut down one of the most well known cases of fraud in the American higher education system. Around 560,000 student loan borrowers who attended Corinthian Colleges will soon get their balances cleared, senior Biden administration officials say.