May 11, 2017

Are You One Of 2,000-Plus Hoosiers Eligible For Student Loan Cancellation?

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INDIANAPOLIS (AP) — Indiana Attorney General Curtis Hill says more than 2,000 Indiana residents who attended schools operated by Corinthian Colleges Inc. are eligible for cancellation of federal student loans used to pay tuition.

Hill said Wednesday that those who attended Everest Institute, Everest College, Everest University, Heald College and Wyotech are eligible. If granted cancellation, those students would not have to make any more payments. Any payments already made would be refunded.

Hill says Corinthian Colleges is a for-profit organization that abruptly halted operations in 2015, transferring some of its campuses to a nonprofit organization called Zenith Education group. Prior to the transfer, the U.S. Department of Education discovered widespread misinterpretations about post-graduation employment rates at the aforementioned institutions across the nation between 2010 and 2014.

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