Washington, D.C. — David A. Bergeron, Vice President for Postsecondary Education at the Center for American Progress, today released the following statement after the U.S. Department of Education announced steps to provide debt relief for students who attended Corinthian Colleges:
Today’s actions are a good first step in helping borrowers defrauded by the false promises of Corinthian Colleges. Creating a simple and expedited process for borrowers is particularly important for students to get the relief they need. It also reinforces the urgent need to get these schools out of the business of indebting students and wasting taxpayer dollars. Hopefully, the Department of Education will continue to take a similar approach for other affected students as it develops a more permanent process for dealing with those abused by poor-performing institutions.
For more information on this topic or to speak with an expert, contact Allison Preiss at [email protected] or 202.478.6331.