Coalition Letter to Education Department on Education Corporation of America and Vatterott College Closures

35 organizations and advocates for students, families, taxpayers, veterans and service members write to the U.S. Department of Education to express concern about students impacted by the sudden closures of both Education Corporation of America (ECA) and Vatterott Education Holdings, companies which announced the closures of virtually all of their schools on December 5th and December 17th, 2018, respectively. The letter asks the Department to immediately (1) extend the window for closed school discharge, (2) send closed school loan discharge applications to all eligible students, (3) inform students of transfer options that were reviewed, vetted, and approved by state agencies, (4) ensure that ECA and Vatterott make the transcript retrieval process free for students, and (5) hold the private equity owners and creditors financially liable for their abrupt closures to the fullest extent possible.