U.S. Cancels Remaining Student Loans for 560,000 Borrowers who Attended Corinthian

By The New England Council

DC Shuttle …

Ed Dept Cancels Remaining Loans for Over Half Million Borrowers who Attended Corinthian. The U.S. Department of Education “announced it will discharge all remaining federal student loans borrowed to attend any campus owned or operated by Corinthian Colleges Inc. … from its founding in 1995 through its closure in April 2015,” impacting 560,000 borrowers. This $5.8 billion loan discharge is the largest single loan discharge in the history of the department. For more, please see here.

Senate Appropriations Subcommittee on Labor, Health and Human Services, Education Holds Hearing on FY23 Ed Budget. The U.S. Senate Appropriations Subcommittee on Labor, Health and Human Services, Education held a hearing on the administration’s fiscal year 2023 request for the Department of Education. Sen. Patty Murray (D-WA) stated that “prioritizing our [nation’s] kids and making sure every one of them … can pursue higher education is one of the best decisions we can make every time.” She also said that is “why [she] pushed so hard in our recent bipartisan funding bill to make the largest increase in more than a decade to Title I funding for public schools and to Pell Grants.” Sen. Roy Blunt (R-MO) followed Murray’s remarks by stating that Pell Grants are “a critical tool to help students stay continuously enrolled in school, complete their degree program faster, graduate with less debt and enter or reenter the workforce more quickly.”

U.S. Sen. Collins Visits Maine School to Discuss Hands-On Job Training. U.S. Sen. Collins (R-ME) visited the Region Two School of Applied Technology in Houlton, Maine, where students are given the tools, access and time to learn the skills, certificates and even college credits in their future career fields. While touring the facility, Collins noted that “hands-on job training programs simultaneously open doors to good-paying jobs for students while helping to address workforce shortages by making it easier for businesses to find qualified workers.” The senator introduced the Gateways to Career Act, which supports partnerships between community and technical colleges and workforce development partners such as the Houlton school. For more, please see here.

We publish the DC Shuttle each week Congress is in session featuring higher ed news from Washington collected by the New England Council, of which NEBHE is a member. This edition is drawn from the Higher Education Update in the Council’s Weekly Washington Report of June 13, 2022. For more information, please visit: www.newenglandcouncil.com.


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