WASHINGTON, D.C. –(ENEWSPF)–December 3, 2015. U.S. Senators Dick Durbin (D-IL) and Richard Blumenthal (D-CT) today called the Department of Education’s approval of more than $28 million in federal student loan debt relief of 1,312 students of former Heald College – which was part of the collapsed Corinthian Colleges, Inc. system –evidence of progress for students. To accompany today’s relief, the Department of Treasury issued guidance that ensures federal debt relief for Corinthian students will not be considered taxable income.
