In other news, the Federal Reserve is establishing a panel that will address climate change and its risk to financial stability (read: civilization). This is a big deal.
Meanwhile, former Missouri Governor Eric Greitans is running for one of the Senate seats being left open by a retiring Republican in 2024. You may recall that Greitans had an affair with a woman who he also held against her will and took partially nude pictures of her. He also defrauded a veterans charity.
What I'm saying is he's an ideal GOP candidate.
Finally, about 72,000 students who were ripped off by for-profit colleges are having their loans written off by the Biden administration.
WASHINGTON (AP) — Thousands of students defrauded by for-profit schools will have their federal loans fully erased, the Biden administration announced Thursday, reversing a Trump administration policy that had given them only partial relief.
The change could lead to $1 billion in loans being canceled for 72,000 borrowers, all of whom attended for-profit schools, the Education Department said.
“Borrowers deserve a simplified and fair path to relief when they have been harmed by their institution’s misconduct,” said Secretary of Education Miguel Cardona. “A close review of these claims and the associated evidence showed these borrowers have been harmed, and we will grant them a fresh start from their debt.”
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