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Political Cornflakes: Thousands of former private college students just saw their student-loan debt wiped out

Some $150M in student debt is being wiped off the books after a court fight with the education secretary. Former Vice President Joe Biden makes an appearance at the U. and the professor in charge avoids a question about a presidential run. Minority students are in the majority in more than half of Salt Lake City schools.

Happy Friday. It’s a great day for some 15,000 Americans saddled with student-loan debt from private colleges that closed while they were enrolled. Education Secretary Betsy DeVos has given up her attempt to block an Obama-era Borrower Defense to Repayment rule.