ITT Technical Institute – NBC 5 Dallas-Fort Worth nbcdfw.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcdfw.com Daily Mail and Mail on Sunday newspapers.
Nearly $3 Million In Student Loans Canceled For Students Who Attended Brightwood Career Institute
CBS Pittsburgh 2 hrs ago Syndicated Local – CBS Pittsburgh
By: KDKA-TV News Staff
HARRISBURG, Pa. (KDKA) The Pennsylvania Office of Attorney General announced almost $3 million in student loan debt is being wiped clean.
Josh Shapiro said he reached an agreement with the now-defunct Education Corporation of America to cancel $2.6 million in private loans for 1,300 students. The company ran five former Brightwood Career Institute locations in the state, including one in Pittsburgh.
“When Education Corporation of America closed down, it left thousands of Pennsylvanians with no degree and a huge financial burden. Today we’ve reached an agreement, and cancelled millions of dollars in debt for Pennsylvanians,” said Attorney General Shapiro in a release. “Student loan debt is a life-altering hurdle for far too many in our Commonwealth, which is why we’re
$2 6 Million In Private Student Loans Will Be Forgiven Following A Settlement: Key Details forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
TribLIVE s Daily and Weekly email newsletters deliver the news you want and information you need, right to your inbox.
Students who attended schools operated by the defunct Education Corporation of America will have their private student loans canceled.
Pennsylvania Attorney General Josh Shapiro announced an agreement on Tuesday that will result in the cancellation of about $2.6 million in private Pennsylvania student loans for 1,300 students who attended schools operated by Education Corporation of America.
ECA operated five former Brightwood Career Institute locations in Pennsylvania, including a Pittsburgh site that abruptly closed in 2018. Education Corporation of America lost its accreditation and failed to meet federal Education Department financial requirements, causing them to close their Pittsburgh location, along with campuses in Philadelphia, Broomall and Harrisburg.