Biden to Cancel $5.8 Billion in Student Loans from Corinthian Colleges | EWTN News Nightly

About this sermon

The Biden Administration is cancelling $5.8 billion in student loans for students who attended Corinthian colleges. Vice President Kamala Harris made the official announcement yesterday. It was determined Corinthian colleges had defrauded their students by misrepresenting job placement rates and engaging in false advertising. This loan discharge is the largest of its kind in the Department of Education's history. Spokesperson for the Defense of Freedom Institute for Policy Studies, Angela Morabito, joins to talk more about this. VP Harris sued Corinthian colleges while she was California's attorney general. Morabito shares what more she knows about that. President Biden is considering relieving even more student debt. A lot of the focus of the loan forgiveness has been on schools that were defrauding students. Morabito discusses whether she thinks loan forgiveness will continue to focus on special circumstances or whether it will be broader. She explains how she sees this playing out and how it will affect taxpayers. EWTN News Nightly provides the latest news and analysis from a Catholic perspective. Join host Tracy Sabol, our Capitol Hill, White House and Rome Correspondents, as well as many other diverse guests daily, to get the latest from the U.S. and the Vatican on topics regarding our Catholic faith and interests. ------------- EWTN News Nightly airs on EWTN weekdays at 6pm & 9pm ET. ------------ Don't miss an episode of EWTN New Nightly. Get updates here: https://www.ewtn.com/tv/shows/ewtn-news-nightly ------------- Sign up today to receive the EWTN News Nightly newsletter: https://www.ewtn.com/enn ------------- Follow EWTN News Nightly on Social Media: Facebook: https://www.facebook.com/ewtnnewsnightly Twitter: https://twitter.com/EWTNNewsNightly Instagram: https://www.instagram.com/ewtnnewsnightly/ ------------- Subscribe to EWTN YouTube channel here: https://www.youtube.com/user/EWTN ------------- You can support the EWTN News mission: https://bit.ly/3qDR1qf