Dept of Education approves $238 million group discharge for 28,000 Marinello Schools of Beauty borrowers

The Department of Education announced it will discharge the loans of tens of thousands of borrowers harmed by pervasive and widespread misconduct at Marinello Schools of Beauty. Borrowers who enrolled in the schools from 2009 through its closure in February 2016 will receive loan discharges totaling approximately $238 million. This group discharge includes former students who have not yet applied for a borrower defense discharge. The Department's press release is here.