Despite pressure from the Democratic Party’s hard-left fringe, President Joe Biden is correctly slow-walking proposals to grant relief for college graduates mired in student-loan debt. But one loan-forgiveness decision he took recently was spot on: to grant full relief to the 560,000 students defrauded by the for-profit Corinthian University.
Students who were scammed by Corinthian’s diploma factory deserve to have their grievances addressed separately from others who knowingly immersed themselves in debt and got a legitimate college education in return. Someone who is swindled into buying a junk car with no engine is not equivalent to someone who buys a new car on credit then realizes the monthly payments are too high for the income the buyer is earning.
The $5.8 billion forgiveness program for former Corinthian students acknowledges that the university fabricated…
