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Students Seek Justice in Corinthian Colleges Bankruptcy


Student Isaac Barragan (with daughters), student Nathan Hornes, and attorney Mark Rosenbaum at the press conference announcing students' legal action against Corinthian.

On May 13, The U.S. Trustee's Office granted the request by Public Counsel and Robins Kaplan LLP to form a special committee to represent the interests of students of the recently-collapsed Corinthian Colleges Inc. The honoring of the seldom-granted request is a victory for the estimated 500,000 students impacted by Corinthian's collapse, giving them meaningful participation in the bankruptcy process.

Public Counsel joins Robins Kaplan LLP in representing the student group, which aims to put the important topics of discharge of student debt on the agenda for discussion and will ensure that a plan provides all student creditors both a voice and a vote.

Get the latest updates here on our efforts to provide resolution to these students, including the ability to take advantage of existing laws to access debt discharge, tuition repayment and/or refunds, in a case that will significantly affect the finances and futures of potentially hundreds of thousands of students. 

Aug. 26, 2015 -- Plan Confirmation Hearing. The Student Committee is supporting a plan that will allow former students of Corinthian Colleges defense to repayment. Stay tuned for more details on next steps. (View Student Committee Letter in Support of Plan)

June 9, 2015 -- Committee Requests Freeze on Student Loan Collection in Bankruptcy of For-Profit College (View Press Release)

May 15, 2015 -- Student Committee Members Named (Link to Committee Site)

May 13, 2015 -- U.S. Trustee's Office Grants Students' Request to Form Special Committee of Creditors to Represent Claims in Corinthian Colleges Bankruptcy. With estimated claims of $25 billion, Committee will provide harmed students with a voice. (View Press Release)  

May 11, 2015 -- Students Seek Their Own Committee to Represent an Estimated $25 Billion of Claims in Corinthian Colleges Bankruptcy. Corinthian students seek special committee through Department of Justice to provide opportunity for the interests of students to be heard. (View Press Release

May 4, 2015 -- Students Take Legal Action, Demand Seat at the Table In State of California Suit Against Now-Defunct Corinthian Colleges. Corinthian students seek to intervene, creating landmark, first-of-its-kind opportunity for interests of entire class of students to be heard. (View Press Release)

Resources

Frequently Asked Questions (updated May 4, 2015)

Timeline of Events (updated May 4, 2015)

 

About Public Counsel

Public Counsel is the nation's largest pro bono law firm. Founded in 1970, Public Counsel strives to achieve three main goals: protect the legal rights of disadvantaged children; represent immigrants who have been the victims of torture, persecution, domestic violence, trafficking, and other crimes; and foster economic justice by providing individuals and institutions in underserved communities with access to quality legal representation. Through a pro bono model that leverages the talents and dedication of thousands of attorney and law student volunteers, along with an in-house staff of more than 75 attorneys and social workers, Public Counsel annually assists more than 30,000 families, children, immigrants veterans, and nonprofit organizations and addresses systemic poverty and civil rights issues through impact litigation and policy advocacy. For more information, visit www.publiccounsel.org.