Just when you think the accusations levied against now-defunct for-profit college chain Corinthian Colleges couldn’t get worse — inflating job placement rates, grade manipulation, and questionable marketing practices — they do. The California Attorney General’s office filed thousands of pages of documents and testimony as part of its ongoing lawsuit against the school highlighting an even more egregious practice: allegedly recruiting homeless students and assisting them in taking out thousands of dollars in loans they could never repay. [More]
The Cost of Education
Corinthian Colleges Allegedly Recruited Homeless Students, Advertised Non-Existent Programs
By 3.18.16
Legislation Would End Forced Arbitration In Student Enrollment Agreements
By 4.30.15
When Education Credit Management Corporation announced late last year that it would buy 56 of for-profit education chain Corinthian College Inc.’s Everest University and WyoTech campuses, consumer advocates expressed great concern that the new company – which would operate under the name Zenith – would continue the unfair practice of requiring students to sign away their right to seek any legal action against the company if they’re wronged. While ECMC ultimately said it would do away with the practice, new legislation aims to strengthen students’ legal rights when it comes to forced arbitration. [More]
Corinthian College’s Canadian Subsidiary Files For Bankruptcy A Week After Campuses Shut Down
By 2.24.15
Less than a week after the Ontario Education Ministry closed 14 Everest College campuses in the province, the Canadian subsidiary of for-profit college operator Corinthian Colleges Inc. announced it had filed for bankruptcy. [More]
California Halts Grants For Students At Corinthian’s Heald College Campuses
By 2.17.15
Nearly 4,500 students at California campuses of the for-profit Heald College chain — operated by the beleaguered Corinthian Colleges, Inc. — have been notified they won’t be receiving state grants to help finance their education because school administrators failed to provide financial statements to state regulators.
[More]
University Of Phoenix’s Risk-Free Trial Might Not Cost You, But Is It An Accurate Taste Of College?
By 1.27.15
From diet pills to dating websites, it’s not hard to find someone offering a “risk-free” trial membership, and thanks to the University of Phoenix, that “try before you buy” model now applies to college courses. But while one might admire the idea of giving potential students a taste of the school before committing to an expensive education at the for-profit online university, consumer advocates are concerned about the program’s benefits. [More]
