Statement on Senator Elizabeth Warren’s Letter to Education Secretary John King on Loan Relief for Defrauded Students
With nearly 80,000 students who attended Corinthian Colleges in default on their federal student loans and in financial ruin, it’s long past time for their loans to be discharged and their credit records restored. But instead of getting relief, 44% of them are having their tax refunds seized or their wages garnished, almost certainly including borrowers the Education Department has already deemed eligible for loan discharge. This is unconscionable.
