Consider This from NPR Is the U.S. Moving Closer to Erasing All Federal Student Loans?
Jun 11, 2022
Melissa Byrne, a prominent political strategist and advocate for student loan cancellation, dives into the historic decision to eliminate nearly $6 billion in debt for former Corinthian College students. She discusses the misleading practices that led to widespread fraud and the implications of this move for the national student loan crisis. Byrne also emphasizes the societal stigma surrounding student debt and advocates for policy changes to benefit millions affected, especially those from low-income backgrounds.
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Latanya Suggs' Story
- Latanya Suggs, a former Corinthian student, shared her struggles with debt after the college defrauded her.
- She hopes the debt cancellation will repair her credit and wants a free ride back to school.
Borrower Defense Explained
- The Borrower Defense to Repayment law protects students defrauded by schools.
- Corinthian Colleges' misleading job placement rates are a prime example.
Shame of Student Debt
- Melissa Byrne discusses the shame associated with student loan debt.
- She highlights how people judge others for having loans, creating an invisible crisis.