1 year ago
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From Atlanta comes an uplifting story of nearly 3,000 students getting a brighter future after a debtor organization bought $10 million in student loans for the purpose of canceling it. The total cost of the purchase was one-and-a-quarter pennies for every dollar of debt—with the low value reflecting the likelihood of the university in question—Morehouse […]
The post Debt Activists Cancel $10 Million in Student Loan Debt After Buying it All for a Penny on the Dollar appeared first on Good News Network.
English (US) ·