Tag Archives: Student Loans
Corinthian Colleges Sued by Massachusetts Over Job Claims
by Christie Smythe, Bloomberg
For-profit Corinthian Colleges Inc. was sued by Massachusetts over claims it misrepresented job placement rates and pushed students into high-interest loans. The school since 2009 “aggressively recruited and misled students by falsely promising high quality, successful training programs” while leaving them with “exorbitant student loan debt,” state Attorney General Martha Coakley said today in a statement. Read More ›
Proposed Federal Laws & Regulation That Could Help Consumers In 2014
by Kate Cox, Consumerist
Here are four key areas — mostly proposed laws and one policy — to keep an eye on throughout the new year. If you want to see any of these federal bills become law, make sure you let your representatives and senators know. Read More ›
California lawsuit claims for-profit colleges misled students, investors
by Jeremy White, Sacramento Bee
A for-profit college chain intentionally deceived prospective students and investors about the value of its degrees and sought out socially isolated and disadvantaged students, according to a lawsuit California Attorney General Kamala Harris filed. Read More ›
Senate report finds large cost gap between for-profit, public colleges
by Erica Perez , The Bay Citizen
At for-profit schools, bachelor’s degrees cost an average of 20 percent more and associate degrees are four times as much. Read More ›
AB 2296 Provides Protection for Students At For-Profit Postsecondary Schools
The Consumer Federation of California is calling on state lawmakers to crack down on for-profit, private colleges that hoodwink students into programs that promise career advancement, yet deliver worthless diplomas and pile on debt that can lead to financial ruin. Read More ›