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Chicago Sun-Times
Chicago Sun-Times
National
Sen. Dick Durbin

Students scammed by for-profit schools will benefit most from Biden’s loan forgiveness plan

This file photo from 2016 shows a California campus of the now-defunct ITT Technical Institute. For-profit schools were allowed to flourish and bear a big portion of the blame for the student debt problem, Sen. Dick Durbin writes. (AP Photos)

In August, I joined the chorus of gratitude when the Biden administration issued up to $20,000 in federal student loan forgiveness in addition to finally issuing borrower defense group discharges for former Westwood College and ITT Tech students. This relief will help tens of millions of students, especially those who were defrauded by the unscrupulous for-profit college industry. 

Unfortunately, the outspoken critics of President Joe Biden’s move have ignored the harm of this industry and forgotten the role our federal government played in pushing students toward predatory for-profit colleges.

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