Authorities tackle student debt left by for-profit college
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.