WASHINGTON (AP) — More than 3,000 former Corinthian College students will have their college loans erased, the first wave of debt relief tied to the collapse of the for-profit higher education chain. The potential cost to taxpayers if all Corinthian students seek relief: $3.2 billion. So far, almost 12,000 students have asked the federal government … Continue reading
WASHINGTON (AP) — The federal government will make it easier for more students who attended the now-defunct Corinthian Colleges to get rid of their federal loans, officials announced Monday, as part of a new plan that could cost as much as $3.6 billion. Corinthian Colleges was one of the largest chains of for-profit colleges when … Continue reading
WASHINGTON (AP) — Corinthian Colleges canceled classes Monday and shut down all of its remaining 28 ground campuses, displacing about 16,000 students, less than two weeks after the Education Department announced it was fining the for-profit institution $30 million for misrepresentation. The Santa Ana, California-based company said it was working with other schools … Continue reading
Spartan Echo 