Corinthian Student Loans: All Now Cancelled

Quick Answer: The U.S. Department of Education cancelled all federal student loans for Corinthian Colleges attendees, discharging $5.8 billion for 560,000 borrowers who attended from 1995-2015. This represents the largest single loan discharge in Department history, covering students from Everest, Heald College, and WyoTech campuses.The U.S. Department of Education (Department) announced it will discharge all …

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Is DeVry University Legit or a Scam?

Quick Answer: DeVry University is a legitimate but problematic institution that made widespread misrepresentations about job placement rates, leading to $71.7 million in federal loan discharges for approximately 1,800 former students. The U.S. Department of Education will seek to recoup these costs from DeVry while reviewing additional pending claims.Nearly 16,000 borrowers will receive $415 million …

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