MetroWest Daily News: Mass. Senators: Drop Loans for Corinthian Colleges Students
DEC 11, 2014
FRAMINGHAM - Massachusetts Sens. Elizabeth Warren and Edward Markey are pushing for action by the U.S. Department of Education that would allow students of Corinthian Colleges - which is being sued by the Massachusetts attorney general - to have their outstanding federal loans dismissed.
"When students take on loans to pay for college, they are making a serious financial decision that will affect them for years to come," reads the letter signed by Warren and Markey. "Borrowers deserve to know that their colleges are taking these investments just as seriously. If colleges fail to hold up their end of the bargain - if they break the law in ways that bear on their students' educational experience or finances - students should not literally be stuck paying the price."
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