Vice President Kamala Harris formally announced Thursday the administration’s decision to cancel federal student loan debt for Corinthian Colleges.
Harris, speaking at the Department of Education …
Vice President Kamala Harris formally announced Thursday the administration’s decision to cancel federal student loan debt for Corinthian Colleges. Harris, speaking at the Department of Education in Washington, D.C., highlighted that the announcement is “a milestone.” She noted that she became involved in the issue “nearly a decade ago” when she sued Corinthian in 2013 while serving as the attorney general in California.
“We won because our investigation discovered that Corinthian had engaged in false and deceptive advertising,” Harris said. “They promoted programs that they did not offer. They penalized their telemarketers if the telemarketers revealed the truth to prospective students.”
“In 2016, after we obtained the judgment against Corinthian, I said then that the least we could do was to give everyone Corinthian took advantage of the relief they deserve,” she continued.
