U.S. Sen Dick Durbin (D-IL) applauded an announcement recently that will provide additional expedited federal student loan relief for Corinthian Colleges, Inc. students.
Corinthian Colleges recently went bankrupt. Because of this, many students had loan issues. A joint investigation between the Department of Education and California Attorney General Kamala Harris revealed that the college’s Everest and Wyotech locations misrepresented their placement rates. Additionally, it misrepresented the availability and utility of its career services. Prospective and current students were misled by all of this, and now may be eligible for expedited relief after the announcement.
“The evidence is clear: for-profit Corinthian Colleges defrauded the federal government and its students. In just one instance revealed today by the Department of Education, Corinthian claimed one of its automotive programs had a 100 percent job placement rate when in reality, the college placed zero students,” Durbin said. “Expedited relief to students of these schools — including some in Illinois who attended Everest University online — is welcome news.”
The announcement followed a meeting between Durbin, Illinois Attorney general Lisa Madigan, Joseph Smith, Special Master appointed by the Department of Education, and several students of the school.
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