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The U.S. Government Is Collecting Student Loans It Promised to Forgive - Bloomberg

'Tens of thousands of former Corinthian students are similarly eligible to have their federal loans wiped—and many of them remain unaware. '

'"The department is not collecting on loans from borrowers that it knows are eligible" for fraud-based debt cancellations, said Kelly Leon, an Education Department spokeswoman. '

'They know this, the prosecutors said, because the Education Department began sharing them with state attorneys general offices in July. '

'Illinois Attorney General Lisa Madigan said a thorough analysis of Education Department records by her office revealed them to be reliable. '

'The Obama administration’s moves underscore a basic fact about the officials who run the federal student loan program: Their job is to maximize collections, not assist borrowers. '

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