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A comment on Defrauded students to receive loan forgiveness. Parent comment

Re:Defrauded students to receive loan forgiveness by TedDoesntTalk on Friday March 19, 2021 @06:36PM (#26518833)
University of Phoenix is paying $191 million in fines:

https://www.ftc.gov/news-events/press-releases/2019/12/ftc-o...

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Re:Defrauded students to receive loan forgiveness by cosmotic on Friday March 19, 2021 @07:19PM (#26519160)
And the cost to tax payers?
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Re:Defrauded students to receive loan forgiveness by TedDoesntTalk on Friday March 19, 2021 @08:02PM (#26519394)
Don’t know, but that’s just one school. Others were fined. Whether or not they actually pay those fines rather than declare bankruptcy... I don’t know. I would guess they just declare bankruptcy and laugh all the way to the bank.
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