Inside Higher Ed Education Department Sued Over Defrauded Borrowers By Andrew Kreighbaum March 20, 2018 Four plaintiffs who attended Corinthian Colleges programs are suing Secretary Betsy DeVos and the Department of Education in U.S. district court over a plan to award partial relief of student loan debt to borrowers defrauded or misled by […]
Bloomberg Government Students awaiting rulings on debt claims get break November 15, 2017 Emily Wilkins The Education Department attempted to make amends Nov. 14 for long delays in ruling on the claims of thousands of students who allege they were defrauded by their colleges. Interest that has accrued on loans […]
Inside Higher Ed Corinthian’s Long Wind-Down After spending half a billion dollars to keep former Corinthian Colleges campuses afloat, the nonprofit ECMC Group’s Zenith Education will close all but three. By Paul Fain November 9, 2017 Altierus Career College campus in Tampa Bay, Fla. The long wind-down of Corinthian Colleges continued […]
The Indiana Lawyer Carmel-based ITT closed in September after filing for Chapter 7 bankruptcy protection. (IBJ file photo) Although not surprising, the announcement that the ITT Educational Services Inc. bankruptcy trustee is taking a closer look at the directors and officers of the now-closed for-profit college does indicate there […]
Inside Higher Ed By Paul Fain March 1, 2017 Call for More Federal Oversight The Education Department needs to better monitor colleges’ finances to prevent another costly fiasco like the 2014 collapse of Corinthian Colleges, says the agency’s Office of Inspector General. Everest College, formerly owned by Corinthian The U.S. […]