Corinthian Colleges Closes Its Door – Loan Debt Forgiveness Available

Corinthian Colleges Closes Its Door – Loan Debt Forgiveness Available

The for-profit company comprised of such colleges as Everest, Heald, and WyoTech have been unable to answer for the multitude of charges brought against them. In 2014, the Consumer Financial Protection Bureau sued Corinthian Colleges Inc. for predatory lending practices. In April 2014 the U.S. Department of Education fined Corinthian Colleges Inc. $30 million for […]

Corinthian Colleges Files for Bankruptcy – Good News for Student with Loans

Corinthian Colleges Files for Bankruptcy – Good News for Student with Loans

Corinthian Colleges Student Loans Corinthian Colleges, until recently one of the country’s largest for-profit higher education chains, filed for chapter 11 bankruptcy this Monday, one week after shutting down its remaining campuses. There is good news for student with loans. This marks the climax of the collapse of the company that was once praised on […]

Doing the Math on Student Loans

Brent Lindell and Ellie Kay are financial advisers who offer their advice and guidance on tackling student debt. The secret to managing student debt successfully boils down to doing the math before and after it is acquired. It’s becoming more and more common for college grads to stay at home longer and put off marriage […]

Getting the Right Post-Graduation Repayment Strategy: Student Loans Consolidation and Refinance

In order to achieve freedom from debt, it’s important to get the right post-graduation repayment strategy. Sometimes this involves student loans consolidation or refinance. Knowing the pros and cons for each of these repayment strategies and making an educated decision about which route to take can be the difference between successfully managing the payments and […]

Pay Off $42,000 of Student Debt in 6 Months

Tales of individuals who have successfully managed to pay off their student Debt by their 30s are an enigma to most. However, Michelle Schroeder-Gardner is one such person. She has a personal finance and lifestyle blog called Making Sense of Cents, in which she offers advice to her readers from the perspective of a financial analyst. […]

The Dark Side of For Profit Colleges: Scams

Guaranteed acceptance.  Flexible learning.  A college degree.  These, perhaps, are some of the only promises that for-profit colleges ever keep. Here we present for profit colleges scams. You’ve heard of these bad boys: the Art Institute, ITT Tech, and the University of Phoenix are some of the most notable culprits.  Recently, the Education Management Corporation, […]

Dade Medical College to CLOSE DOORS

The for-profit school Dade Medical College and the University of Southernmost Florida are to CLOSE DOORS, effective immediately. The announcement was made on October 30, 2015, that they were stopping all operations and instruction at their eight locations across the State of Florida. Approximately 2,000 students around Florida were affected.  With the high cost of tuition, many students […]

Le Cordon Bleu Shuts its Doors Forever in January

Student Loan Forgiveness Available December 15, 2015: Career Education Corporation, previously looking to offload their Le Cordon Bleu cooking schools, has announced this morning that instead, it will be closing down all 16 of its campuses. New federal government regulations on career-based colleges have put the for-profit college in a tailspin that has forced them […]