Trump Administration Rejects Financial Relief for Nearly All Defrauded Students

WHEN THE EDUCATION¬†Department dispatches the first round of notifications to some 17,000 student loan borrowers who applied to have their debt forgiven after being defrauded by for-profit colleges, 95% of them will be rejected. Documents obtained by U.S. News show a breakdown of 17,192 letters that includes more than 16,340 labeled as “ineligible.” Those labeled ineligible include more than 6,314 letters going to borrowers who enrolled in Corinthian Colleges, the now-defunct for-profit giant that misrepresented Read More