Study: Most student loan fraud claims involve for-profits
Business / Education / U.S. News

Study: Most student loan fraud claims involve for-profits

WASHINGTON (AP) — Students who attended for-profit colleges filed more than 98 percent of the requests for student loan forgiveness alleging fraud by their schools, according to an analysis of Education Department data published Thursday. The study by The Century Foundation represents the most thorough analysis to date of the nearly 100,000 loan forgiveness claims known as … Continue reading

Senator: Education Dept. mishandling Corinthian student debt
Education

Senator: Education Dept. mishandling Corinthian student debt

WASHINGTON (AP) — The Education Department is pursuing debt collection — rather than debt relief — for nearly 80,000 former students of Corinthian Colleges, despite federal and state findings that the now-defunct for-profit chain defrauded students, Sen. Elizabeth Warren said in a blistering critique of the administration’s actions. The Massachusetts Democrat reported the findings of … Continue reading