Post Profile

Feds Forgive $103M In Debt For Nearly 7,000 Former Corinthian College Students

Nearly 7,000 additional former students of defunct for-profit chain Corinthian College will have their loan debt erased by the federal government. While the $103 million tab sounds like a lot, it’s only a fraction of the billions of dollars that Wyotech, Heald College and Everest University charged in tuition.  The Department of Education announced Thursday that it had approved a …
read more


Related Posts

Dept. Of Education Plans To Overhaul Loan Forgiveness Program For Students Defrauded By Schools

Lifestyle / Shopping : The Consumerist

As thousands of former Corinthian College students continue to wait to learn whether or not they’re on the hook to repay billions of dollars in student loans they took out to attend the now defunct for-profit college, the Department...

Corinthian Colleges Loses Federal Lawsuit As Education Department Faces Reckoning

News : Huffington Post

Defunct for-profit college chain Corinthian Colleges Inc. violated federal law by using false job placement rates to deceive 115,111 former students into taking out student loans, a federal district court judge ruled on Tuesday.  In...

The US Government Is Forgiving $544 Million In Student Debt From Bankrupt Corinthian Colleges

Business & Finance : Business Pundit

The US Department of Education revealed on Monday that it would forgive $544 million in student loan debt from the now-bankrupt for-profit chain Corinthian Colleges. During a press conference, Secretary of Education Arne Duncan also...

Obama To Cancel Debts Owed By Defrauded For-Profit College Students

News : Huffington Post

The U.S. Department of Education will cancel over $27.8 million in federal student loans owed by some 1,300 former students of Corinthian Colleges Inc., a defunct for-profit school chain, after determining that the students were swi...

Fed government plans to erase student debt for students of Corinthian Colleges

News : The Rundown News Blog

The federal government will erase much of the debt of students who attended the now-defunct Corinthian Colleges, officials announced Monday, as part of a new plan that could cost taxpayers as much as $3.6 billion. Continue reading ?...


Copyright © 2016 Regator, LLC