270 Search Results Found For: "corinthian"

The Hill has reported this afternoon that the Biden Administration, at an event tomorrow featuring Vice President Kamala Harris, will announce widespread debt relief for former students of for-profit Corinthian Colleges, which collapsed in 2015 following revelations of blatant deceptive practices. [UPDATE 06-01-22 6:45 pm: The U.S. Department of Education just released a statement announcing
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  Attorney Clark Kent Ervin, the independent monitor for Zenith Education, a chain of career colleges, has just released his final report. Zenith was an experiment, pursued by the Department of Education, to see if a large predatory for-profit college chain that ruined many students’ lives could be purchased by a non-profit group with no
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ECMC, the student debt collection operation that took over many of the campuses of notorious, collapsed for-profit Corinthian Colleges, is in a public spat with Clark Kent Ervin, the well-regarded lawyer charged with monitoring the integrity of programs at ECMC’s education subsidiary, Zenith. The dispute — a sharp back-and-forth in written exchanges — suggests what can
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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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  The U.S. Department of Education announced today it has “accepted” the law firm Squire Patton Boggs as the new “independent monitor” for Zenith Education Group. Zenith is a division of the non-profit debt collection company ECMC, which, with Department approval, last year took over many Everest College and WyoTech campuses of the now-defunct, notoriously
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The U.S. Department of Education says that at an event scheduled for today in Boston with Massachusetts Attorney General Maura Healey, Secretary of Education John B. King Jr. will announce that students who attended 91 former Corinthian Colleges campuses nationwide between 2010 and 2014 “have a clear path to loan forgiveness under evidence uncovered by the Department while working
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Last spring, when for-profit Corinthian Colleges abruptly shut down under the weight of allegations of deceptive acts, Corinthian students had a choice under U.S. Department of Education rules: transfer to another school, or receive a “closed school discharge,” which would free them from the obligation of repaying the student loans they had incurred at the
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Credit Suisse got the attention of Wall Street last week when it issued a report recommending that investors buy shares in one of the largest for-profit college companies, DeVry Education Group. The report came less than a week after the Federal Trade Commission sued DeVry for allegedly misleading students about job placement rates and salaries for the school’s graduates,
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