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Biden admin to cancel $5.8B in school loans for former Corinthian College students Students who have paid off their school loans will not be eligible


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Biden admin takes unprecedented step to cancel $6 billion in student loan debt

 

When did Corinthian Colleges closed?
 
 
Corinthian permanently closed all of their schools in California in April 2015, and filed for bankruptcy in May 2015.Feb 11, 2021
Corinthian was once a giant in the for-profit sector, enrolling more than 110,000 students at 105 campuses at its peak in 2010. But the company became the poster child for the worst practices in the sector, with high loan defaults and dubious programs.
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