Va. attorney general asks to speed up loan forgiveness for Corinthian students

RICHMOND, Va. (WVEC) -- Virginia Attorney General Mark Herring is asking U.S. Secretary of Education Betsy DeVos to speed up the student loan forgiveness process for students who were formerly enrolled in schools operated by the now-defunct Corinthian Colleges.

Corinthian operated several branches of its Everest facilities in Virginia including Everest Chesapeake and Everest Newport News. Corinthian Colleges filed for bankruptcy and ceased operations in 2015.

"These students were victims of Corinthian's deceptive practices and deserve to have their student loan debt forgiven as allowed by law," said Attorney General Herring. "Delay in canceling this debt, especially for students who have already been approved, could put even greater financial strain on students in Virginia and around the country. I hope Sec. DeVos and DOE will do the right thing, honor their commitments, and forgive this student loan debt as soon as possible."

In a letter to DeVos, Herring urged the Department of Education to review the applications and work to finalize the discharge of loans where forgiveness has already been approved. 

According to Herring, the letter was joined by 20 state attorney general and regulators. 

 

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