Durbin Statement on Corinthian Colleges Announcement of Final Campus Closures

[CHICAGO, IL] – U.S. Senator Dick Durbin (D-IL) today released the following statement after learning that Corinthian Colleges, Inc. will close its 28 remaining campuses effective tomorrow. Up until today, these campuses had continued to participate in the Title IV federal education funding program.

“Finally, we see the end of this rotten company, but there are still thousands of students who may never see the end of the damage Corinthian has caused if the Department of Education doesn’t move quickly to provide some relief,” said Durbin.  “Today, I am calling on the Department of Education to reach out directly to students impacted by the Corinthian closings and provide them with information on how they can receive a discharge of their federal student loans.  These students shouldn’t be on the hook for the debt they were misled into taking on.”