After the Biden administration canceled $415 million of student debt for victims of for-profit colleges, Sen. Bernie Sanders called for all student debt to be canceled, a move that could relieve tens of millions of borrowers of what is often a huge financial burden.that it was canceling debt for students who were misled by for-profit colleges like DeVry University.
Advocates and lawmakers lauded the decision, but pointed out that there is still more to be done if the administration is to substantially address the student loan crisis.. “Now cancel the remaining $1,883,214,046,704 for 44,984,000 other Americans who are still drowning in student debt.” A mass nixing of student loans for victims of for-profit colleges has been years in the making; during the Trump administration,
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