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Student-loan borrowers defrauded by Corinthian were promised $5.8 billion in relief ‘immediately.’ 6 months later Biden’s Education Department says it’ll take

College graduate

College graduate.Robyn Beck/AFP via Getty Images

  • In June, the Education Department approved a $5.8 billion loan discharge for former Corinthian students.

  • Education Secretary Miguel Cardona said impacted borrowers would see relief “immediately.”

  • Six months later, borrowers are still waiting,

Student-loan borrowers defrauded by Corinthian were promised $5.8 billion in relief ‘immediately.’ 6 months later Biden’s Education Department says it’ll take Read More »