Thursday, June 2, 2022

US announces largest cancellation of federal student debt in history

The United States is automatically cancelling all remaining federal student loans owed by more than a half million former students. 


The $5.8 billion worth of loan forgiveness for those who attended a now-defunct network of schools called Corinthian Colleges is the single largest discharge of student debt by the government in history, according to the Department of Education. 


Our US Correspondent Benji Hyer has more. 


IN: The debt relief 

OUT: SOC

DUR: 48 secs


http://www.fsnradionews.com/feeds/0602debt-bh-generic.mp3