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

2/12/2016

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By Shahien Nasiripour - Chief Financial and Regulatory Correspondent - The Huffington Post
The U.S. Department of Education will cancel $27.8 million in federal student loans owed by some 1,300 former students of defunct for-profit school chain Corinthian Colleges Inc. after determining that the students were swindled into taking on the debt, according to a government report released Thursday.
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  • Home
  • Where Do I Start?
  • Know Your Loans
  • Defense To Repayment
    • Denials - Defense To Repayment
  • Private Schools
    • Argosy University
    • Art Institutes
    • Brown Mackie College
    • Corinthian Colleges Inc.
    • DeVry University
    • ITT Technical Institute
    • South University
    • University of Phoenix
    • Westwood College
  • Lenders
    • ACS
    • AES
    • Firstmark
    • Great Lakes
    • Navient/Sallie Mae
    • Nelnet
    • University Accounting Services, LLC
    • Wells Fargo
  • For-Profit Companies
    • Alta Colleges Inc.
    • Apollo Education Group
    • Bridgepoint Education
    • Career Education Corporation
    • Corinthian Colleges, Inc.
    • DeVry Education Group
    • Dream Center
    • EDMC
    • ITT Educational Services, Inc.
  • News Feed
  • Contact/Help
  • Donate