U.S. cancels student loan debts for 12,900 college fraud victims

[Eugene]

Source: Reuters

WASHINGTON (Reuters) - The U.S. Education Department on Wednesday canceled the student-loan debts of 12,900 people defrauded by defunct Corinthian Colleges, but its announcement that it will give varying amounts of debt relief in the future set off fierce criticism.

For-profit higher education provider Corinthian collapsed in 2015 amid government investigations into how many of its graduates found gainful employment.

An internal review released this month showed the Education Department had stopped discharging loans of former attendees of Corinthian and other failed for-profit schools once President Donald Trump took office.

The department added it also had denied 8,600 requests for relief from Corinthian loans. It gave no reason for the denials and no value for the canceled debt.

-snip-

#U.S. DECEMBER 20, 2017 / 5:01 PM / UPDATED 3 HOURS AGO
Lisa Lambert
3 MIN READ


Read more: https://www.reuters.com/article/us-usa-education-loans/u-s-cancels-student-loan-debts-for-12900-college-fraud-victims-idUSKBN1EE2SD

[Freethinker65]

1. Happy Holidays and Merry Christmas

[mr_lebowski]

2. Huh ... well, nice that they cancelled the debt for almost 13K folks ... but why not the other 8.6K?

I'll take a stab ... knowing ass-face as we do ... probably looks a bit like this ...

Discharged List:
... Trevor Whitehall ... Steven Westmoreland ... Buffy Cromwell ... Joshua Hunt ...

Denied List:
... Lionel Travis-Washington ... DeKimbe Njuko ... Rosaria DeJesus ... Rajesh Nayininajad ... Ruth Greenberg ...

[brush]

4. Right. Selective denials.

[FakeNoose]

3. How many Trump University "students" will have their loans covered, I wonder?

Cheeto has a stake in this, or it wouldn't have been done just because he's a nice guy.
We already know he's not a nice guy.

[ancianita]

5. Building the new "in" base.