Having unexpectedly found itself handing off the baton to a Republican administration in January, the U.S. Department of Education is racing to finish a slate of Obama administration priorities. But few of the department’s remaining tasks are as daunting as processing thousands of debt-relief claims filed by former students of closed for-profit colleges.
Since the closure of Corinthian Colleges in 2015, the department has received tens of thousands of such applications to have loans discharged under a previously little-used borrower defense statute.
Now with the Obama administration on the way out, activist groups and borrowers are pressuring the department to move faster on a process that can drag on for months. Handing over pend…
Read the full article at: https://www.insidehighered.com/news/2016/12/14/activists-and-borrowers-call-obama-administration-provide-debt-relief-defrauded