Elizabeth Warren

Feds are wrongly sending debt collectors after ex-Corinthian students, Elizabeth Warren says

Feds are wrongly sending debt collectors after ex-Corinthian students, Elizabeth Warren says

Sen. Elizabeth Warren accused the Education Department on Thursday of moving forward with debt collection against nearly 80,000 former students of Corinthian Colleges, despite federal and state findings that the now-defunct for-profit chain defrauded students.

The Massachusetts Democrat sent a letter to Education Secretary John B. King Jr. reporting the findings of an investigation by members of her staff. “It is unconscionable that instead of helping these borrowers, vast numbers of Corinthian victims are currently being hounded by the department's debt collectors,” she said.

The seven-page letter described the department's approach as backward.

In response,...

70°