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With false promises and profiting off predatory student loans. now the federal government has dealt the for profit operator a maim major blow. they re fining it $340 million. cutting some of its access to student aid, alleging they inflated job placement rates as part of its pitch to prospective students. they found almost 1,000 examples of misrepresenting placement rates. in one case a campus allegedly classified a 2011 graduate of an accounting program as employed in the field, based on a food service job she started at taco bell in 2006. in a statement, a spokesman called the government s accusations corruptible. they brought in 85% of their revenue from federal student aid. last june the department of ....
Field, based on a food service job she started at taco bell in 2006. in a statement, a spokesman callinged the government s accusation s accusations corruptible. they brought in 85% of their revenue from federal student aid. last june, they were restricted to federal aid, forcing the company to sell 85 of its campuses and close 12 others. two months ago, they reached a settlement to forgive $480 million in private student loan debt. many corinthian student loan students hold federal debt now a group called the corinthian 100 has refused to pay back loans they say the federal government ....
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