U.S. Department of Education announced that former students of Corinthian Colleges won't have to pay back federal loans.
Southern California Public Radio (SCPR)
June 10, 2015
Organizations mentioned/involved: Legal Aid Foundation of Los Angeles (LAFLA)
Legal advocates hailed the federal loan forgiveness announcement, but they also criticized it for not going further.
“It’s good news both for the closed school students and it’s good news for many of the students who attended Heald Colleges,” said Los Angeles Legal Aid Foundation lawyer Robyn Smith. “There are still thousands and thousands of students in California and throughout the country who were subjected to years of systemic, deceptive practices at Corinthian Colleges. … I would like to see widespread, automatic federal loan discharges for all Corinthian students who were harmed by Corinthian’s fraud and I would like the federal government to take a harder look and do a better job of overseeing for-profit school institutions.”Tags: For-Profit College, Workers Rights