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re: Over $3 Billion in student debt forgiven in 2021, how much did you benefit?

Posted on 7/10/21 at 2:18 pm to
Posted by beerandt
Member since Jan 2020
293 posts
Posted on 7/10/21 at 2:18 pm to
quote:

The only people who benefited from this round are those who went to “scam” schools and were deemed “defrauded”. $3B sounds like a lot, but it’s barely a drop in the bucket re: student loans debt in this country.




Yeah it's schools that lost accreditation or something similar, and I think it's only for students that haven't graduated yet, so end up in debt with zero transferable hours. Not sure how to interpret the red tape language in the Dept of ED website, though.

But point being, they've already started the process to revoke one of Tulane's med school accreditations (for being racist, of course), and given who the new university president is, I'm sure LSU won't be far behind.
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