Statement on the Fourth Quarterly Report on Borrower Relief for Defrauded Students
Today’s report illustrates the need for the U.S. Department of Education to automatically discharge the debts of defrauded students, rather than requiring individual applications from students the Department has already determined are eligible. Despite increased outreach by the Department and a streamlined application form, only a tiny fraction of former Corinthian students have applied for loan relief and even fewer have received discharges.
