Dems seek tougher crackdown on ‘disgraceful’ for-profit colleges
brightcove.createExperiences(); A group of Senate Democrats said Thursday that proposed Education Department regulations don’t go far enough to tamp down on predatory for-...
View ArticleFeds demand college forgive $569 million in student loan debt
Federal regulators are demanding that Corinthian Colleges refund more than $500 million in predatory student loans, arguing the school "lured" students in with "bogus" job prospects and then saddled...
View Article$480 million in relief for Corinthian College student loan borrowers
The Consumer Financial Protection Bureau (CFPB) and the Education Department announced Tuesday that it has secured more than $480 million in debt relief for borrowers who took out Corinthian College...
View ArticleCorinthian College students to meet with federal regulators
Former students of Corinthian College, who are refusing to pay back fraudulent student education loans, will meet with federal regulators on Tuesday.The Consumer Financial Protection Bureau (CFPB) and...
View ArticleCorinthian students ask court to freeze debts
An ad hoc committee of former Corinthian College students filed a motion Tuesday asking the court handling the school’s bankruptcy case to freeze all efforts to collect student loan debt.The for-profit...
View ArticleCorinthian 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...
View ArticleFederal court finds Corinthian College liable for $530M
Corinthian College is liable for scamming students out of $530 million before its collapse earlier this year, a federal district court ruled this week.The U.S. District Court for the Eastern Division...
View ArticleGovernment to forgive debt of Corinthian Colleges students
Former students of for-profit Corinthian Colleges could receive billions in debt forgiveness from the federal government, the U.S. Department of Education announced Friday. The department said students...
View ArticleCFPB takes action against two for-profit schools
Financial regulators took action against two for-profit colleges on Monday.Bridgepoint Education Inc., which operates as Ashford University and the University of the Rockies, is being forced to forgive...
View ArticleStudent debt relief rule sent to the WH for final review
An Education Department regulation to streamline relief for students defrauded by their school is in its final review stages.The agency sent the defense to repayment rule to the White House Office of...
View ArticleObama administration gives students right to sue colleges for fraud
The Department of Education on Friday issued a rule banning colleges that participate in federal loan programs from being able to use forced arbitration agreements in student enrollment contracts.The...
View ArticleDeVos reinstated for-profit college accreditor despite agency concerns: report
Education Secretary Betsy DeVos moved to reinstate a for-profit college accreditor despite her own staff's concerns that the organization did not meet federal education standards.A report obtained...
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