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Kansas Students to Receive Loan Forgiveness

 

More than 1,000 Kansas students will receive $2.1 million in student loan forgiveness. Kansas Attorney General Derek Schmidt says this is made possible under the terms of a settlement reached with Career Education Corporation. CEC is a for-profit education company based in Illinois, currently offering primarily online courses through American InterContinental University and Colorado Technical University. CEC has closed or phased out many of its schools over the past 10 years. A total of 1,077 Kansans are eligible for student loan debt relief for a total amount of $2,142,116.

 

CEC agrees to forgo any and all efforts to collect amounts owed by former students living in the states participating in the agreement.

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