buyer beware?
federal government is the one who is enforcing the no way out of the debt and laughing all the way to the bank with the earned interest on a lot of the student loans.
Thousands Apply to U.S. to Forgive Their Student Loans, Saying Schools Defrauded Them - WSJ
federal government is the one who is enforcing the no way out of the debt and laughing all the way to the bank with the earned interest on a lot of the student loans.
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 applied only in three instances before last year. The law forgives debt for borrowers who prove their schools used illegal tactics to recruit them, such as by lying about their graduates’ earnings.
Thousands Apply to U.S. to Forgive Their Student Loans, Saying Schools Defrauded Them - WSJ