Statement on Automatic Closed School Discharges

December 13, 2018
Statement of James Kvaal

While it shouldn’t take a court order, today’s announcement is welcome news for 15,000 borrowers whose colleges closed. But these 15,000 borrowers are a small fraction of those eligible for loan discharges because their schools closed or committed illegal acts. It’s long past time for the Department of Education to meet its legal obligations to students.