Education Department To Cancel For Some Student Debt For DeVry Students

Nearly 16,000 federal student loan borrowers who were misled by for-profit colleges will have $415 million in debts erased, according to the U.S. Department of Education. These borrowers — who attended DeVry University, ITT Technical Institute and other schools — will receive relief through a legal provision known as borrower defense, which promises loan relief for defrauded borrowers.

Japan’s trade deficit soars to 8-year high as commodity imports soar — Financial Post

TOKYO — Japan ran its biggest trade deficit in a single month in eight years in January as high energy costs swelled imports and manufacturers struggled with global supply constraints, causing a decline in car shipments. Read More

Japan’s trade deficit soars to 8-year high as commodity imports soar — Financial Post

Oil falls 2% after France and Iran say closer to a nuclear deal — Financial Post

SINGAPORE — Oil fell 2% in Asian trade on Thursday after France and Iran said parties are closer to an agreement to salvage Iran’s 2015 nuclear deal with world powers, offsetting tensions over Russian forces massing near Ukraine. Read More

Oil falls 2% after France and Iran say closer to a nuclear deal — Financial Post
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