It’s unwelcome news for students who attended defunct for-profit chains Corinthian Colleges and ITT Technical Institute. The U.S. Education Department is considering only partially forgiving federal loans issued to those students.
Democratic attorneys general in 17 states and the District of Columbia are suing U.S. Education Secretary Betsy DeVos over an Obama-era rule meant to protect students and taxpayers from being defrauded by for-profit schools.
One of this country's largest student-loan companies is accused of mismanaging a federal program that promises debt forgiveness to people who work in the public or non-profit sector.
