Biden Gives Away 6 Billion Dollars
Taxpayers paid for this.
It has just been revealed that President Biden and his administration is going to wipe away an astounding $5.8 billion for over 560,000 borrowers who attended the for-profit Corinthian Colleges chain.
According to Fox News, students who went to the now-defunct chain will have their student debt wiped away and their full loans will be discharged.
President Biden’s Education Secretary Miguel Cardona explained, “As of today, every student deceived, defrauded and driven into debt by Corinthian Colleges can rest assured that the Biden-Harris Administration has their back and will discharge their federal student loans. For far too long, Corinthian engaged in the wholesale financial exploitation of students, misleading them into taking on more and more debt to pay for promises they would never keep.”
Sadly, now the average American taxpayer who may or may not have even attended college whatsoever will be responsible for paying off these debts.
