More than 500 Iowans who are former students of schools operated by the for-profit Corinthian Colleges, Inc. are now eligible for cancellation of their federal student loans according to Iowa Attorney General, Tom Miller. The schools include Everest Institute, Everest College, Everest University and Heald College. Students whose federal loans are cancelled will be able to stop loan payments and will be refunded previous payments. Corinthian abruptly ceased operation in 2015, transferring some of its campuses to a non-profit called Zenith Education Group. The U.S. Department of Education then found that between 2010 and 2014, Corinthian Colleges made widespread misrepresentations about post-graduation employment rates at its Everest College campuses and elsewhere across the nation. Former students can find more information about these cancellations at www.everestoutreach.com. They can also call the U.S. Department of Education hotline at 855-279-6207.
