Thank you. I just read a couple articles on it and thought I would share some more information on the story:
This is a result of a multiple state, multiple year investigation into the for-profit college, which found practices of manipulation, fraud, falsifying post-graduate rates, etc. Report deemed them a predatory institution.
So this is certainly a much different scenario than they typical round of student loan forgiveness. I for one am perfectly okay with this one. I mean if we are going to bail out the banks for creating a huge housing bubble with predatory loans resulting in a trashed economy, I'm okay with bailing out those who were manipulated as teens by people supposed to be acting as professionals in an education setting.