Arne Duncan

"Corinthian 15" Launch First Student Debt Strike in U.S. History

| Importance: 8/10

Fifteen former students of Corinthian Colleges launched the first student debt strike in U.S. history on February 23, 2015, refusing to repay federal loans for what they characterized as fraudulent education that left them deeper in poverty with worthless degrees. Organized by the Debt Collective, …

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Federal Government Cuts Off Corinthian Colleges - 72,000 Students Trapped by Fraud

| Importance: 8/10

The U.S. Department of Education imposed a 21-day hold on all federal aid flowing to Corinthian Colleges on June 12, 2014, after the for-profit chain—operating as Everest College, WyoTech, and Heald College—refused to provide documentation substantiating falsified job placement rates. The action …

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