A temporary agreement concerning student loan debt has been reached between the Department of Education and students of the now closed Corinthian College.

The Hill reports:

Corinthian College students reach agreement with Education Dept.

The Department of Education has agreed to suspend all judicial actions to collect on student loan debt from former Corinthian College students for 120 days, the student committee announced Monday.

In reaching an agreement with the agency, the committee said it has agreed to withdraw its motion that sought a court-ordered stay of collection efforts on all Corinthian student loan debt following the school’s collapse in May.

Corinthian College filed for bankruptcy and closed its campuses across the country after the Consumer Financial Protection Bureau and at least 20 state attorneys general, including California and Illinois, sued the school for making false and misleading advertisements to entice students to enroll and take out pricey loans to cover the cost.

The justice Department’s U.S. Trustee Program has given an ad-hoc group of former students permission to form a special committee to represent the students’ interests in the school’s bankruptcy case.

In the next 120 days, the student committee said it intends to work with the Education Department on furthering an approach that provide long-term relief for the estimated 500,000 students that have been impacted.