Corinthian Colleges in Hot Water over Predatory Lending Allegations

Corinthian Colleges Predatory Lending Under the Obama Administration, the Department of Education has been very hard on for-profit colleges. The tough new regulations have Corinthian Colleges in hot water over predatory lending allegations. Corinthian Colleges is now saying its goodbyes and is going to attempt to sell 85 of its campuses and close a dozen […]

Senators Ask Department Of Education To Student Loans Discharge For Everest, WyoTech, Heald Students

Senators Ask Department Of Education To Student Loans Discharge While Corinthian Colleges — the failing revenue-driven educator that owns for-profit colleges such as Everest University, Wyotech, and Heald College — deals with its sale to new owners, a few thousand of the schools’ students are left in limbo, unsure of who is in charge of […]

Relief is on the Way for Former Students of Everest, WyoTech, and Heald

Relief is on the Way for Former Students of Everest, WyoTech, and Heald: Corinthian Colleges Loan Forgiveness

As part of an agreement with the federal government, Corinthian Colleges — which previously owned Everest — sold most of its schools to Education Credit Management Corp. ECMC has agreed to take steps to compensate former Corinthian colleges students loan forgiveness for some of their losses. The key financial block is $480 million, which will […]

University of Phoenix Scam- University of Phoenix Loan Forgiveness

University of Phoenix Scam- University of Phoenix Loan Forgiveness

University of Phoenix Loan Forgiveness The University of Phoenix is a for-profit career college owned by the Apollo Group. In fact, it’s the biggest for-profit college out there. Some critics of for-profit higher education have alleged that Apollo Education Group and the University of Phoenix “prey upon veterans” loan forgiveness is available for students. Only about […]

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 […]

The Art Institute Shutting Down 15 Locations, Loan Forgiveness Available

The Art Institutes Shutting Down 15 Locations Education Management Corp., the operator of The Art Institute schools, is shutting down 15 of The Art Institute locations that’s why loan forgiveness is available. The Illinois Institute of Art-Tinley Park isn’t accepting any new students and will remain open for two years so the 225 students currently […]