The state attorney general’s office has created an interactive tool to help former students of the defunct Corinthian Colleges understand debt relief possibilities under a federal plan announced last week.
An estimated 40,000 borrowers at Heald College – one of Corinthian’s subsidiaries – took on more than $540 million in loans and may qualify for debt relief. The final amount could climb significantly when looking across all Corinthian schools, which include Everest and WyoTech.
A majority of former Heald students in California are eligible for a streamlined process for loan forgiveness, according to the attorney general’s office. Ten of the 13 former Heald College campuses were in California.
The interactive tool is available at oag.ca.gov/corinthiantool.
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