IN Students Eligible for Student Loan Cancellation

Local
student loans_1494438168361.jpg

The Indiana Attorney General Curtis Hill announced Wednesday that more than 2,000 Indiana residents who attended schools operated by Corinthian Colleges, Inc. are eligible for cancelation of federal student loans used to pay tuition.

Indiana residents who attended Everest Institute, Everest College, Everest University, Heald College, and Wyotech are eligible.

If those students are granted cancellation, they would not have to make anymore payments, and payments already made will be refunded.

Indiana and 45 other states along with Washington, D.C. are reportedly sending a letter to students detailing the relief available. The letter will include a short application that must be filled out and submitted to the U.S. Department of Education.

We are told a total of 2,414 Indiana residents are eligible for relief.

The lists of affected campuses, programs, and dates of enrollment are available by clicking here or here.

Corinthian Colleges is a for-profit organization that halted operations in 2015, transferring some of its campuses to a non-profit 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 previous mentioned institutions across the nation between 2010 and 2014.

We are told that any student who attended Corinthian Colleges and believes they were lied to about job prospects, transferability of credits, or other issues is encouraged to apply to have their federal student loans canceled.

Students who wish to do so are encouraged to use the Department of Education’s universal discharge application by clicking here. More information is also available by clicking here.

Students can call the U.S. Department of Education hotline at 1-855-279-6207 or email questions about discharge of their federal student loans to FSAOperations@ed.gov.

If you would like to see the cities with the most and least student debt, click here.

Copyright 2021 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.