275 Search Results Found For: "corinthian colleges"

As eight years of zigzagging but ultimately valiant efforts by the Obama administration to protect students and taxpayers from predatory for-profit colleges comes to a close, new documents, released to us under the Freedom of Information Act, shed light on a key chapter in that saga: The 2015 demise of one of the most abusive
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It’s been apparent for years that the for-profit college chain Corinthian systematically deceived and mistreated its students. Less well understood has been the company’s abuse of its workers, many of them hard-working and sincere teachers and administrators.  Many were underpaid, many were misled by their bosses, and sometimes they were directed to be party to bad behavior or else lose their
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Yesterday, Corinthian Colleges, one of the worst-behaving for-profit college companies, capped its dramatic collapse by filing for bankruptcy. A business that was getting as much as $1.4 billion a year in federal aid now has claimed in court that it has just $19 million in assets, but $143 million in liabilities. So who is owed all
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The U.S. Department of Education has blessed a deal under which a non-profit student debt collection company, Minnesota-based Education Credit Management Corporation (ECMC), will pay $24 million to acquire 56 campuses, operating under the brands Everest and WyoTech, owned by collapsing Corinthian Colleges, one of the most abusive and deceptive for-profit college companies. The terms
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For a couple of years now, I’ve argued that Corinthian Colleges might be the worst predator of all the big for-profit college companies, a remorseless giant engaged in endless abuses of students who needed career help, not more problems. But now that Corinthian, which was taking in as much as $1.4 billion a year in taxpayer
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  Corinthian Colleges, a for-profit company that operates career training schools, is in deep trouble. Last week, the U.S. Department of Education, which has been providing Corinthian with about $1.4 billion dollars annually in student grants and loans, sent Corinthian a letter saying the company had failed to provide the Department with requested information about its operations
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Sharon P. Robinson, the president and chief executive officer of the non-profit American Association of Colleges for Teacher Education (AACTE) has served, since January 2011, on the board of directors of Corinthian Colleges, a publicly-traded corporation that runs the for-profit colleges Everest, Heald, and WyoTech. While Robinson’s organization advocates for strong professional teacher education, Corinthian has a
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Graham Holdings Co., the renamed corporation that owned the Washington Post newspaper before selling it to Jeff Bezos last year, retains a major stake in Corinthian Colleges, a for-profit education company that is under investigation by a range of federal and state law enforcement agencies. According to an SEC filing today, Graham Holdings has sold about
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