Five Biggest for Profit colleges sued for defrauding their students

Via Business Insider:

https://www.businessinsider.com/for-profit-colleges-alleged-fraud-student-loans-debt-cancelation-education-2021-3

Last week, Education Secretary Miguel Cardona canceled $1 billion in student loan debt for about 72,000 defrauded borrowers.

The decision, his first major one as President Joe Biden’s education chief, came after a series of investigations over the past decade of for-profit schools for engaging in fraudulent behavior related to federal loans. Corinthian Colleges and ITT Technical Institute were the main institutions connected with the canceled debt, but others were similarly accused, according to a series of legal settlements.

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whaaaat?

So it begins.
Next, they will cancel education debt for all who do not obtain success within their field of study.

When will govt subsidized schools be sued for the same reason

great day to ya CJ

https://archive.ph/tWiQP

Didn't read this, but I think they should sue academia around the world for teaching nothing but shit.

If you want to learn anything, just go to the library and read. If you want credit for your work, take the GRE, or whatever. You do not need to sit in a school classroom that costs a lot of people a lot of money for nothing before anyone even gets started. It's why communism, and its bullshit.

Communism is death.