Feds Found Widespread Fraud at Corinthian Colleges. Why are Students Still Paying the Price? | The Washington Post
Nearly 80,000 students of defunct for-profit giant Corinthian Colleges are facing some form of debt collection, even though the U.S. Department of Education unearthed enough evidence of fraud to forgive their student loans, according to an investigation by the staff of Sen. Elizabeth Warren (D-Mass.).
The U.S. Government Is Collecting Student Loans It Promised to Forgive | Bloomberg
The Obama administration has been actively seeking loan payments from thousands of former students eligible for a debt-forgiveness program.
Update | Lawsuit Against U.S. Departments of Education & Treasury
A former student of Everest Institute filed a lawsuit yesterday in federal court to challenge the government’s continued collection of defaulted federal student loans from low-income people who borrowed in order to attend a school operated by the disgraced and defunct Corinthian Colleges chain.
Elizabeth Warren Trains Her Sights on a New Target | Bloomberg
The U.S. Department of Education’s debt collectors may be violating the law by collecting on defaulted federal student loan debt that’s likely invalid yet owed by “vast numbers” of defrauded for-profit college students, Senator Elizabeth Warren (D-Mass.) charged Thursday.
Education Dept. Is Sued Over Debt Collection From Former Corinthian Students | The Chronicle of Higher Education
A former student of the defunct Corinthian Colleges Inc. is suing the U.S. Education Department to ”halt the certification of all Corinthian-related debts,” as a U.S. senator wrote to the department asking why it was collecting such debts.
Elizabeth Warren Says Government is Forcing Student Borrowers to Pay ‘Fraudulent Debts’ | MarketWatch
Tens of thousands of borrowers who were victims of fraud by their college are losing their tax refunds, Social Security benefits, and facing other debt collection practices over their student loans, according to Senator Elizabeth Warren.