Daily Digest

Daily Digest – July 12. Ed. Dept. Cancels More Loans; WH Seeks to Slow Bank Mergers, Give Consumers More Control of their Financial Data

ED. DEPT. CANCELS MORE LOANS FOR MISLED STUDENTS The Department of Education on Friday announced it was canceling an additional $56 million in student loans for 1,800 individuals who were misled by three different for-profit institutions about their employment and salary prospects and the transferability of credits from the schools …

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