Posted in Financial

Student Debt Strikers Take On Corinthian College

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Fifteen students have refused to pay back their student debt to Everest College, owned by the now disgraced for-profit company Corinthian College. They call themselves “the Corinthian 15”.

Good for them. Corinthian College is a predatory and fraudulent company which was in the business of gaming the federal loan system while making false promises to its students. Those students are victims of fraud and should not be the ones paying back the government money for an education they never got. Instead, Corinthian should pay back the money.

There are articles about this in the New Yorker, Newsweek, and the Guardian, and there’s a letter of support signed by Naomi Klein and Barbara Ehrenreich, among others, which contains the following:

By declaring a strike, the Corinthian 15 are taking debt relief for themselves and challenging the Department of Education to look out for students instead of protecting rich…

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