WebOn June 1, 2024, the Department of Education announced that it would forgive the student loan debt for Corinthian College students from the school’s founding in 1995 to its … WebJun 2, 2024 · The U.S. Department of Education will forgive $5.8 billion of federal student loans for those who attended Corinthian Colleges, a chain of for-profit schools that …

Biden Admin To Cancel $5.8 Billion In Student Debt For Corinthian ...

WebOct 1, 2024 · The vast majority -- 96 percent -- of the discharges went to students who attended for-profit colleges, according to the report. Around 58 percent of borrowers have had their loans discharged by submitting an application to the department. WebFeb 28, 2024 · UPDATE, June 2024: ED has announced it will automatically discharge Corinthian Colleges students’ federal student loans. Corinthian College borrowers should be aware that there are two methods of applying for relief, depending on what claims the borrower is asserting. teams multiple work accounts

What Colleges Are Corinthian? Loan Forgiveness Announced

WebJun 1, 2024 · June 1, 2024 Contact: Press Office, (202) 401-1576, [email protected] Today, the U.S. Department of Education (Department) announced it will discharge all … WebNov 18, 2024 · In September 2024, a smaller group of 12,000 Corinthian borrowers were promised full debt relief in six months. Most of those … WebThe Department of Education ("Department") has determined that the loan (s) you received to attend a school owned and operated by Corinthian Colleges Inc. are eligible for full loan discharge. This means the remaining balance on the loan (s) will be forgiven. You do not have to make any more payments on the loan (s). teams music bot