
A coalition of 50 labor organizations, consumer groups and the “Debt Collective” sent a joint petition on Tuesday to U.S. Secretary of Education Arne Duncan, urging him to cancel federal student loans owed by 78,000 who attended Corinthian College schools.
by Chriss W. Street24 May 2015, 4:00 AM PST0

Harris stated that she may be able to wipe out student loans through a “closed-school loan discharge”, a rule that provides students with debt relief if they cannot complete their education because their school closed. But “closed-school loan discharge” means former students are not eligible for debt relief, and students that try to transfer with completed class credits lose their eligibility for any debt relief.
by Chriss W. Street7 May 2015, 4:00 AM PST0