Education Department cancels student loan debts for 12,900 college fraud victims

December 22nd, 20171 WASHINGTON, D.C. — On Wednesday, the Education Department canceled the student-loan debts of 12,900 people defrauded by defunct Corinthian Colleges, but its announcement that it will give varying amounts of debt relief in the future set off fierce criticism. For-profit higher education provider Corinthian collapsed in 2015 amid...