The Biden administration this week canceled almost $6 billion in student loan debt for borrowers who attended the now-defunct network of for-profit schools known as Corinthian Colleges, which defrauded thousands of students before being shut down in 2015. We speak to two activists from the Debt Collective, a group working to end the student loan crisis, about the ongoing fight for full federal student debt cancellation. Pamela Hunt was a former Corinthian College student who accumulated hundreds of thousands of dollars in student debt and was one of the original 15 students who refused to pay their loans. “It’s a very monumental win,” she says, adding that her crushing debt prevented her from becoming a homeowner and contributed to the stress of her cancer diagnosis. “If student debt is illegitimate, why not cancel all of it?” says Braxton Brewington, press secretary of the Debt Collective.
This content originally appeared on Democracy Now! and was authored by Democracy Now!.
Democracy Now! | Radio Free (2022-06-03T12:49:25+00:00) Biden OKs $5.8B in Debt Relief for Corinthian Students; Pressure Grows to Abolish All Student Debt. Retrieved from https://www.radiofree.org/2022/06/03/biden-oks-5-8b-in-debt-relief-for-corinthian-students-pressure-grows-to-abolish-all-student-debt/
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