“Nearly 7,000 additional former students of defunct for-profit chain Corinthian College will have their loan debt erased by the federal government. While the $103 million tab sounds like a lot, it’s only a fraction of the billions of dollars that Wyotech, Heald College and Everest University charged in tuition.” …
More: http://news.yahoo.com/more-federal-loan-debt-forgiven-corinthian-students-214245246–politics.html