These Students Could Get the Government to Kill Their Loans
A group of student activists is demanding a refund on their federal student debt, and the government is listening
This Everest College location in Virginia is one of about 65 Corinthian Colleges campuses being sold to Education Credit Management, but it is one of 12 that eventually will be closed.
Photographer: Kristoffer Tripplaar/SIPA via AP PhotoThis article is for subscribers only.
On Tuesday, government officials will meet with a group of students who went on a “debt strike” in February, refusing to pay student loans they incurred while studying at schools owned by a troubled for-profit education company.
Representatives from the Department of Education and the Consumer Financial Protection Bureau will address demands for loan forgiveness from the students, who studied at Corinthian Colleges, a network of schools that is winding down operations amid a multi-state investigation into its questionable education and lending practices.