WebApr 10, 2024 · — Today, the Consumer Financial Protection Bureau (CFPB) sued for-profit college chain Corinthian Colleges, Inc. for its illegal predatory lending scheme. The Bureau alleges that Corinthian lured tens of thousands of students to take out private loans to cover expensive tuition costs by advertising bogus job prospects and career services ... WebSep 20, 2016 · For $24 million, Corinthian sold 58 campuses to a nonprofit set up by ECMC Group, which also owns a major student loan collection agency known for aggressive …
Major for-profit chain faces bankruptcy as feds turn up heat
WebJun 2, 2024 · The Department of Education announced the decision on Wednesday, which will see around $5.8 billion in student debt cleared, as the administration considers … WebJun 1, 2024 · The Biden administration says it will forgive all remaining federal student debt for former students of the for-profit Corinthian Colleges chain. By Associated Press … nigeria high commission london contact
U.S. Fines Corinthian Colleges $30 Million and Effectively Closes …
WebJun 2, 2024 · At its peak, Corinthian was one of the largest for-profit college companies. It had more than 100 campuses and more than 110,000 students at its Everest, WyoTech and Heald schools. Web2 days ago · The Education Department’s Office of Federal Student Aid is removing Florida Career College, a for-profit chain with 11 campuses, from the federal financial aid system, the agency announced Tuesday following an investigation that found numerous violations.. The college, which is owned by International Education Corporation, will not be allowed … WebMay 7, 2015 · Corinthian Colleges, once one of the nation’s largest for-profit chains, grabbed headlines late last month when it announced it would close its remaining 28 … nigeria health watch