People rally to show support for the Biden administration’s student debt relief plan in front of the Supreme Court on Feb. 28 in Washington, D.C. Sara Diaz was feeling emotional when she checked her email Tuesday. The Education Department has agreed to forgive more than $14.5 billion for borrower defense cases and people whose schools closed before they finished their …
U.S. will forgive $5.8 billion of loans to Corinthian Colleges students Enlarge this image toggle caption Christine Armario/AP Christine Armario/AP The U.S. Department of Education will forgive $5.8 billion of federal student loans for those who attended Corinthian Colleges, a chain of for-profit schools that deceived students about their job placement rates and students' ability to transfer credits. 'Wholesale financial …