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Loan relief granted to defrauded for-profit college students
AP ^ | 16 June 2021 | COLLIN BINKLEY

Posted on 06/16/2021 2:15:03 PM PDT by DUMBGRUNT

The Biden administration said it is approving 18,000 loan forgiveness claims from former students of ITT Technical Institute, a chain that closed in 2016 after being dealt a series of sanctions by the Obama administration. The new loan discharges will clear more than $500 million in debt.

(Excerpt) Read more at apnews.com ...


TOPICS: Chit/Chat; Education
KEYWORDS: free; itttechnical; loanforgiveness; studentloans
The used car salesman made “repeated and significant misrepresentations” ... I want my money back!
1 posted on 06/16/2021 2:15:03 PM PDT by DUMBGRUNT
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To: DUMBGRUNT

Thank god nobody ever goes into massive debt for a useless education at non-profit colleges and universities. Profit is evil. You can only trust education if it is non-profit or government.

“All inside the state, nothing outside”.
Mussolini


2 posted on 06/16/2021 2:19:40 PM PDT by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. ....)
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To: DUMBGRUNT

Obama shuts them down and Biden pays them off


3 posted on 06/16/2021 2:21:08 PM PDT by butlerweave
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To: DUMBGRUNT

Average debt is $27,778.


4 posted on 06/16/2021 2:27:08 PM PDT by alternatives? (If our borders are not secure, why fund an army?)
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To: DUMBGRUNT

So the schools with billions in endowments don’t show a profit?


5 posted on 06/16/2021 2:33:36 PM PDT by a fool in paradise (Lean on Joe Biden to follow Donald Trump's example and donate his annual salary to charity.)
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To: DUMBGRUNT

Dear Job Applicant:

According to Joe Biden, your degree is worthless.


6 posted on 06/16/2021 3:41:51 PM PDT by Brian Griffin
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