Feds offer debt relief to more former Corinthian students
BOSTON (AP) — The U.S. Department of Education says more students who were defrauded by the now-defunct Corinthian Colleges can get their loans forgiven.
Students who were defrauded at 91 campuses operating as Everest or WyoTech in 20 states can now apply for forgiveness through the department's website.
Education Secretary John B. King Jr. made the announcement on Friday in Boston with Massachusetts Attorney General Maura Healey. Healey helped uncover evidence that two Everest Institute campuses in Massachusetts misrepresented job placement rates.
Corinthian, a former chain of for-profit colleges, sold or closed its schools last year amid fraud allegations. The education department says it has found fraud at more than 100 campuses.
The department has already approved loan discharges for more than 8,800 of the chain's former students, totaling more than $130 million.