Many are now applying for student loan forgiveness, saying that the schools they went to defrauded them of tens of thousands of dollars. These for profit colleges promised the students things that these graduates said were never delivered upon. Ana Kasparian, Kim Horcher (Nerd Alert), and Margaret Howell (The LipTV) hosts of The Young Turks discuss.
Should these graduates get forgiveness for their loans? Let us know in the comments below.
Read more here: http://www.wsj.com/articles/thousands-apply-to-u-s-to-forgive-their-student-loans-saying-schools-defrauded-them-1453285800?mod=e2tw
“Americans are flooding the government with appeals to have their student loans forgiven on the grounds that schools deceived them with false promises of a well-paying career—part of a growing protest against years of surging college costs.
In the past six months, more than 7,500 borrowers owing $164 million have applied to have their student debt expunged under an obscure federal law that had been app...