File photo.

File photo.

16,000 Washingtonians will receive nearly $158 million in federal student loan discharges

Attendees of Everest College campuses like the one in Renton are eligible.

On June 3, Attorney General Bob Ferguson announced that 16,850 Washingtonians who attended any school owned by Corinthian Colleges, a for-profit college that engaged in deceptive conduct, will receive $157.9 million in relief.

The U.S. Department of Education discharged $5.8 billion nationwide in student loans for Corinthian College students across the country. Ferguson had been calling for this action from the federal government since 2016. He asserted, and the federal government finally agreed, that every borrower who attended Corinthian was subject to illegal conduct.

This discharge applies automatically — borrowers do not need to do anything to receive relief. This relief applies to all remaining loans for Corinthian Colleges, including for borrowers who have not yet applied for a “borrower defense” discharge.

According to the Attorney General’s office, Corinthian owned and operated Everest College campuses in Everett, Fife, Tacoma, Bremerton, Renton, Seattle and Vancouver until February of 2015, when they were sold to Zenith.

“Washingtonians’ student loan crisis is now $158 million smaller,” Ferguson said. “This is justice. The thousands of Washingtonians who were harmed by Corinthian’s illegal conduct deserve this relief from crushing student loan debt. Betsy DeVos and the Trump Administration had every chance to take this action, and they refused. I applaud the Biden Administration for doing the right thing.”

Ferguson has previously called on the Department of Education to discharge federal student loans for former Corinthian students. In December of 2016, Ferguson sent a letter to department officials calling for automatic loan discharges for victims of Corinthian’s fraud. In 2017, Ferguson, along with other state attorneys general, submitted a joint request seeking group discharge for Corinthian borrowers in their states.


Talk to us

Please share your story tips by emailing editor@rentonreporter.com.

To share your opinion for publication, submit a letter through our website https://www.rentonreporter.com/submit-letter/. Include your name, address and daytime phone number. (We’ll only publish your name and hometown.) Please keep letters to 300 words or less.

More in News

(Right most) Renton Mayor Armondo Pavone, (Second to right) Governor Jay Inslee, (Middle) and King County Executive Dow Constantine, as they celebrate the groundbreaking of the Sunset Gardens housing project. (Courtesy of the City of Renton)
Governor Inslee comes to Renton to celebrate new Sunset Gardens housing project

Sunset Gardens will provide affordable housing for veterans, persons with disabilities, and seniors.

File Photo
Data released on fireworks-related injuries in Washington

Last year fireworks caused $122,000 in damage.

File photo.
Mysterious in-home deaths of father, two daughters ruled as starvation

Written materials about fasting were found in the home; the father’s death called a suicide.

Dr. Faisal Khan. Courtesy of King County.
Dr. Faisal Khan appointed as next King County health director

Dennis Worsham will continue to serve as interim director until September 6.

Tsr
Renton spa employee accused of trying to coerce woman into prostitution, posing nude

Quyen T. Nguyen, 39, has been accused of attempted promotion of prostitution… Continue reading

Teaser
King County experts discuss extreme heat mitigation plan

The plan includes improving infrastructure and communications to prevent future disasters.

T
Public art call for South King County transit corridor

Deadline is July 13 for artists to apply to have their work in new RapidRide expansion.

Construction at Lindbergh High School is expected to last from summer 2022 to spring 2024. Image courtesy of Renton School District.
Lindbergh High School construction begins in July, will continue until 2024

The preparation phase for construction at the high school started in March 2021.

Most Read