Corinthian Debt Strike Grows Larger

June 5, 2015

The group of former Corinthian Colleges students refusing to repay their federal loans and pressing the Education Department to forgive their debt announced Friday that their membership had again grown.

The Debt Collective said that nearly 200 former Corinthian students were now participating in the debt strike against their federal loan debt. In addition, the group said that more than 1,200 graduates of other colleges have pledged to stop repaying their federal loans in solidarity if the Education Department doesn’t provide the widespread debt forgiveness the Corinthian students are seeking.

The announcement comes as the Obama administration is expected to be nearing a decision on how it plans to address an unprecedented influx of thousands of debt-relief claims by former Corinthian students. The department has said it will create a new debt-relief process for the students but hasn’t said how it will be structured.

Student activists also sent Education Secretary Arne Duncan on Friday proposed language of an order wiping out the existing loan debt of all former Corinthian students. They’ve said they want the department to provide across-the-board relief for students as opposed to individually judging each of the students’ claims.

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