Mass. AG, Lawmakers Call For More Assistance For Former Corinthian College Students

Mass. AG, Lawmakers Call For More Assistance For Former Corinthian College Students

Ever since for-profit education chain Corinthian Colleges Inc. closed its Everest University, WyoTech and Heald College campuses, leaving tens of thousands of students with millions of dollars in loans, consumers advocates, legislators and others have urged the Department of Education to relieve former students of their debt burdens. Those calls for help continued on Tuesday with renewed pressure from Massachusetts Attorney General Marua Healey and Sen. Elizabeth Warren calling on the Dept. to rid victims of the defunct for-profit college of unsustainable loan payments. [More]

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Dept. Of Education Plans To Overhaul Loan Forgiveness Program For Students Defrauded By Schools

As thousands of former Corinthian College students continue to wait to learn whether or not they’re on the hook to repay billions of dollars in student loans they took out to attend the now defunct for-profit college, the Department of Education announced plans to overhaul the loan forgiveness process for students who believe they have been defrauded by their colleges. [More]

Commercials for Everest University continue to appear on TV, because the schools are now operated by Zenith Education Corp.

Why Do I Keep Seeing Commercials For Everest University?

If you’re sitting at home watching television on any given afternoon, you’re likely to see a few commercials touting the supposed convenience and benefits of attending a for-profit college. But with the recent, very public collapse of now-bankrupt Corinthian Colleges Inc — and the closure of many of its schools — you might be wondering why your Jerry Springer show is being interrupted with ads for Everest University. [More]

Former Corinthian College Students Seek To File $2.5B Claim Against Bankrupt For-Profit Operator

Former Corinthian College Students Seek To File $2.5B Claim Against Bankrupt For-Profit Operator

Former students of now-defunct for-profit education chain Corinthian Colleges continued their fight to recoup the money they spent on classes at the company’s Heald College, WyoTech or Everest University campuses, filing a $2.5 billion claim against the bankrupt educator.
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Agreement Could Temporarily Halt Legal Action On Loans For Some Former Corinthian College Students

Agreement Could Temporarily Halt Legal Action On Loans For Some Former Corinthian College Students

Former Corinthian College students left with piles of debt after the company closed its Heald College, Everest University and WyoTech campuses earlier this year are getting a bit more relief, as the Department of Education announced it would temporarily suspend some legal actions related to borrower’s defaulted loans. [More]

Students At Closed Corinthian Colleges May Ask For Federal Student Loan Relief

Students At Closed Corinthian Colleges May Ask For Federal Student Loan Relief

Getting a student loan discharged is not easy. Even bankruptcy is not usually enough to shake off that debt. But recent students at schools under the Corinthian Colleges Inc. [CCI] umbrella (Everest, WyoTech, Heald) will get the chance to request that some of all their federal student loan obligation be lifted. [More]

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Attorneys General Coalition Urges Dept. Of Education To Clarify Corinthian Students’ Options

A week after nine senators urged the Department of Education to provide support to the thousands of students affected by the closure of now-bankrupt Corinthian Colleges schools — Everest University, Heald College, and WyoTech — the top prosecutors in 11 states are adding their voices to the chorus encouraging the Dept. to protect students and clarity their options following the company’s final downfall. [More]

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Senators Urge Dept. Of Education To Provide Support To Students Affected By Corinthian Colleges Closure

Ever since now-bankrupt Corinthian Colleges Inc. began its downward spiral, consumer advocates, students and legislators have urged the powers that be to provide relief for students of Everest University, Heald College and WyoTech. Today, that plea continued as nine senators called on the Department of Education to provide support to the 16,000 students affected by the company’s final closure. [More]

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Senators Call For Attorney General Investigation Into Executives Of Corinthian Colleges

Bankrupt for-profit college chain Corinthian Colleges Inc. is already party to a number of state and federal investigations related to the alleged deceptive recruiting practices at its Heald College, WyoTech and Everest University campuses. Now, a group of senators are hoping to add another investigation to the roster. [More]

Corinthian Colleges Inc. Files For Bankruptcy

Corinthian Colleges Inc. Files For Bankruptcy

A week after embattled for-profit college chain Corinthian Colleges Inc. closed its remaining Everest University, Heald College and WyoTech campuses, the company filed for bankruptcy, essentially closing the book on the company’s long downward spiral.  [More]

List Of Transfer Schools For Corinthian College Students Includes Other For-Profit Chains Under Investigation

List Of Transfer Schools For Corinthian College Students Includes Other For-Profit Chains Under Investigation

Just because students who attended the now closed Everest University, Heald College or WyoTech campuses can’t finish their college career with Corinthian Colleges Inc., doesn’t mean they can’t finish their education somewhere else. For student who would prefer to transfer to a similar program rather than receive a refund, the Department of Education has provided a list of viable colleges. But that list has quickly garnered criticism from lawmakers because it includes other for-profit education institutions under scrutiny. [More]

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Students Affected By Corinthian Colleges Closures Have Some Relief Options

Although many of us saw the final collapse of Corinthian Colleges Inc. on the horizon since last summer, for the nearly 16,000 students who were currently enrolled at the company’s 28 remaining Everest University, Heald College and WyoTech campuses news that they no longer have a school to attend was no doubt jarring, opening a door to questions about their future education and the debt burden they now carry. [More]

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Petition Calls For Loan Relief For Corinthian College Students

Ever since for-profit education chain Corinthian Colleges began its downward spiral last summer, consumer groups, students and legislators have urged the Department of Education to provide current and former students relief from student loans they took out to finance an education based on deceptive recruitment practices. Now that CCI has closed its remaining Everest University, Heald College and WyoTech campuses, consumer advocates say discharging federal student loans held by these students – and protecting students of other for-profit institutions – should be of immediate concern for the Department. [More]

Corinthian Colleges Completes Collapse, Closes Remaining Campuses Effective Immediately

Corinthian Colleges Completes Collapse, Closes Remaining Campuses Effective Immediately

Although it was nearly a year in the making, the largest collapse in U.S. higher education finally occurred Sunday, as embattled for-profit education chain Corinthian Colleges Inc. – the operator of Everest University, Heald College and WyoTech – announced it would close the remainder of its campuses effective Monday. [More]

California Orders Corinthian Colleges To Stop Enrollment At WyoTech, Everest Campuses

California Orders Corinthian Colleges To Stop Enrollment At WyoTech, Everest Campuses

The collapse of for-profit education chain Corinthian Colleges – operator of Everest University, Heald College and WyoTech – continued today after a California regulator issued an order requiring the company to cease enrolling new students at its Everest and WyoTech campuses in the state. [More]

Corinthian Colleges Fined $30M Over Falsified Job Placement Rates At Heald College

Corinthian Colleges Fined $30M Over Falsified Job Placement Rates At Heald College

The Department of Education continued its crackdown on deceptive for-profit college practices Tuesday by levying a $30 million fine against embattled Corinthian Colleges Inc. – operator of Everest University, Heald College and WyoTech – over the use of misstated and inaccurate job placement rates to recruit students. [More]

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Nine Attorneys General Join “Corinthian 15,” Urge DOE To Provide Student Loan Debt Relief For Wronged Borrowers

A group of former and current Corinthian College Inc. students refusing to pay their federal student loans in protest of the government’s support of the crumbling for-profit college chain now have the backing of several top political officeholders afternine attorneys general from across the U.S. sent a letter to the Department of Education asking it to forgive the students’ loan debts. [More]

Current, Former Corinthian College Students On “Debt Strike” Plan To Meet With Gov’t Officials

Current, Former Corinthian College Students On “Debt Strike” Plan To Meet With Gov’t Officials

Last month, we told you about the Corinthian 15, a group of current and former students at crumbling Corinthian College Inc.’s WyoTech, Heald College, and Everest University campuses who were refusing to pay their federal student loans in protest of the government’s support of the for-profit college company. Now that group has grown to what could be called the Corinthian 100+, and it’s made plans to take its case to several government agencies this week.

[More]