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Corinthian Colleges
FTC announces record $191M settlement against University of Phoenix
December 19, 2019
The University of Phoenix (UOP), one of the nation’s largest for-profit colleges will pay a record $191 million settlement to resolve charges stemming from a five-year investigation by the Federal Trade Commission (FTC). On December 10, Andrew Smith, Director of FTC’s Bureau of Consumer Protection noted it was the largest settlement the Commission has obtained in a case against a for-profit school. ... read more »
Regulatory Rollback on Student Loans Takes Away Borrower Protections
July 4, 2019
Every Fourth of July celebrates this nation’s founding. But this year, only a few days before the annual freedom celebration, an ill-advised governmental action will financially doom rather than free millions of student loan borrowers – as of July 1. Moreover, this action arrives as the cost of higher education continues to soar and household incomes remain largely stagnant. ... read more »
Trump Administration Forced to Forgive $150M in Student Loans
December 27, 2018
After a more than year-long delay, the U.S. Department of Education will cancel $150 million in debt owed by defrauded students, the agency announced Dec. 13. ... read more »
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Betsy Devos’ $5 Billion Giveaway to For-Profit Colleges: Deregulation of Student Loans
August 23, 2018
Today’s increasingly competitive global economy requires and recruits those who are highly-skilled and knowledgeable. People understand and accept that higher education is a means to become employable, marketable, and competitive. ... read more »
 
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