The number of college graduates with debt is rising quickly, and some students have had enough. A group known as the Corinthian 15 say they’re going on a “debt strike,” hoping to force action to cancel the debts they owe to a for-profit education company — and spur broader change.
Many for-profit colleges have been frozen out of the federal student financial aid pipeline, because they feel to meet certain standards. But those standards don’t apply through funds veterans receive under the G.I. Bill. A pair of California legislators tried to change that, but they were batted down by a powerful politician — with ties to the for-profit college industry.
Many for-profit colleges have been frozen out of the federal student financial aid pipeline, because they feel to meet certain standards. But those standards don’t apply through funds veterans receive under the G.I. Bill. A pair of California legislators tried to change that, but they were batted down by a powerful politician — with ties to the for-profit college industry.