Au­thor­i­ties tackle stu­dent debt left by for-profit col­lege

The Washington Times Daily - - METRO -

Thou­sands of Vir­gini­ans who at­tended schools op­er­ated by Corinthian Col­leges are el­i­gi­ble for loan for­give­ness.

Virginia At­tor­ney Gen­eral Mark Her­ring said his of­fice and the U.S. De­part­ment of Ed­u­ca­tion will no­tify some 5,300 for­mer stu­dents.

The for-profit or­ga­ni­za­tion filed for bank­ruptcy last year. In­ves­ti­ga­tors had said the com­pany pub­lished mis­lead­ing job place­ment rates and charged ex­or­bi­tant fees.

Mr. Her­ring said stu­dents are re­pay­ing debt they in­curred based on false pre­tenses.

Corinthian Col­leges op­er­ated sev­eral branches of its Ever­est fa­cil­i­ties in Virginia, in­clud­ing Ever­est Ar­ling­ton, Ever­est Ch­e­sa­peake, Ever­est New­port News and Ever­est Tyson’s Cor­ner.

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