WASHINGTON (AP) The federal government will erase much of the debt of students who attended the now-defunct Corinthian Colleges, officials announced Monday, as part of a new plan that could cost taxpayers as much as $3.6 billion.
As I understand it, it isn't really optional to pay off your loans, so you can try to pay back as little as possible, but can't just stop!
Shouldn't they just put a statute on it and say after 20 years they expire?