Property News · September 17, 2014

Occupy activists abolish $3.85m in Corinthian Colleges students' loan debt


Rolling Jubilee activist group buys student debt at knockdown price to inspire Americans to ‘exert collective power’US sues Corinthian Colleges for ‘predatory lending’Over the last few days, over 2,700 Everest College students woke up to find that someone had paid off their private student debt. This was no act of goodwill by the government, which is currently suing Everest parent Corinthian Colleges for its predatory lending practices. Nor is it a gift from Everest itself, which is expected to shutter its doors and possibly leave 72,000 students out of their time and tuition. Continue reading…

Source : theguardian.com
Read more…Occupy activists abolish .85m in Corinthian Colleges students’ loan debt