In her speech Wednesday night accepting the Democratic nomination for Vice President, Senator Kamala Harris (D-CA) noted that she was instrumental in taking down a predatory for-profit college chain, Corinthian Colleges, when she served as California’s Attorney General.
“I took down one of the nation’s largest for-profit colleges,” Harris noted in her speech as she told viewers about her upbringing and career. “I know a predator when I see one.”
Corinthian Colleges was a chain of for-profit campuses that abruptly shut down under the weight of federal and state investigations, which had found widespread evidence of fraud and false advertisements. Investigators accused the chain of luring students with false promises about its educational programs and career prospects, while saddling them with predatory student loan debt that was nearly impossible to repay.
CECU | Career Education Colleges and Universities January 23, 2021 Late Friday, the U.S. Department of Education (“Department”) released a report authored by career staff that recommends terminating the federal …