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On June 1, 2022, the U.S. Department of Education announced it would forgive $5.8 billion in federal student loans made to Corinthian College students between 1995 and 2015, which forgiveness would impact 560,000 borrowers and would be the single largest discharge of student loans in history according to the department. [53] [54] [55]
Heald College was owned by Corinthian Colleges, a for-profit education company that also operated Everest College and WyoTech. [2] Heald College closed for good when Corinthian Colleges shuttered all of their campuses on April 27, 2015. At the time of its closure, the college had campuses in twelve cities, in addition to its online program.
It was until 2015 a system of for-profit colleges in the United States and the Canadian province of Ontario, owned and operated by Corinthian Colleges, Inc. In 2021, former Everest students were made eligible for automatic student loan debt relief through the US Department of Education. [1]
APLatonya Suggs (third from left) poses with a group of former and current Corinthian College students refusing to pay back their student loans. By Abby Jackson Corinthian Colleges, a massive for ...
The Biden administration in June promised complete relief for student loan borrowers from Corinthian College, a move that would affect some 500,000 people following the school’s fraud scandal.
he federal government will erase much of the debt of students who attended the now-defunct Corinthian Colleges, officials announced Monday. Gov't plans to erase student debt for Corinthian ...
Altierus Career College-formerly part of Corinthian Colleges, last campuses closed in 2022. Anthem Institute – formerly the Chubb Institute; multiple locations, closed 2014; American Sentinel University – merged with Post University in March 2021, becoming the American Sentinel College of Nursing & Health Sciences.
Under the new action, anyone who attended the now-defunct chain from its founding in 1995 to its collapse in 2015 will get their federal student debt wiped clean.