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The U.S. Department of Education was ordered to erase $150 Million in student loan debt. Cenk Uygur, John Iadarola, and Ana Kasparian, hosts of The Young Turks, break it down. JOIN THE HOME OF PROGRESSIVES: http://tyt.com/JOIN Read more here: https://www.nbcnews.com/news/us-news/... "The U.S. Department of Education announced Thursday it would automatically cancel $150 million in student loans connected to for-profit colleges that closed in recent years. The move was made under an Obama-era policy that a federal judge in October essentially forced U.S. Secretary of Education Betsy DeVos to implement. The story was first reported by Politico. The discharge of loans applies automatically to about 15,000 students who attended now-defunct colleges that closed between Nov. 1, 2013, and Dec. 4, 2018, according to the department's announcement. About half of those affected attended Corinthian Colleges, Inc., a chain that closed on April 27, 2015, the department stated. Other students who attended recently closed campuses or who believe they were otherwise defrauded can still apply to have their loans canceled, the department said." Hosts: Cenk Uygur, Ana Kasparian, John Iadarola Cast: Cenk Uygur, Ana Kasparian, John Iadarola *** The Largest Online News Show in the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 6-8pm ET. http://tyt.com/live Subscribe to The Young Turks on YouTube: http://youtube.com/subscription_cente... TYT on Facebook: / theyoungturks TYT on Twitter: / theyoungturks TYT on Instagram: / theyoungturks Merch: http://www.shoptyt.com Donate to TYT / tytnetwork http://tyt.com/donate Download audio and video of the full two-hour show on-demand + the members-only postgame show by becoming a member at http://tyt.com/join/. Your membership supports the day to day operations and is vital for our continued success and growth. Gift membership: http://tyt.com/gift Producer, Senior Producer and Executive Producer membership: http://go.tyt.com/producer Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary) #TYT #TheYoungTurks #TYTnetwork