Corinthian

Education Department Sued Over Defrauded Borrowers

Education Department Sued Over Defrauded Borrowers

Inside Higher Ed Education Department Sued Over Defrauded Borrowers By Andrew Kreighbaum March 20, 2018 Four plaintiffs who attended Corinthian Colleges programs are suing Secretary Betsy DeVos and the Department of Education in U.S. district court over a plan to award partial relief of student loan debt to borrowers defrauded or misled by […]

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Zenith Education will close all but three of its campuses

Zenith Education will close all but three of its campuses

Inside Higher Ed Corinthian’s Long Wind-Down After spending half a billion dollars to keep former Corinthian Colleges campuses afloat, the nonprofit ECMC Group’s Zenith Education will close all but three. By Paul Fain November 9, 2017 Altierus Career College campus in Tampa Bay, Fla. The long wind-down of Corinthian Colleges continued […]

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Trustee prepares for next round in ITT bankruptcy

Trustee prepares for next round in ITT bankruptcy

The Indiana Lawyer   Carmel-based ITT closed in September after filing for Chapter 7 bankruptcy protection. (IBJ file photo) Although not surprising, the announcement that the ITT Educational Services Inc. bankruptcy trustee is taking a closer look at the directors and officers of the now-closed for-profit college does indicate there […]

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Education Department’s inspector general wants feds to more closely monitor colleges with shaky finances

Education Department’s inspector general wants feds to more closely monitor colleges with shaky finances

Inside Higher Ed By Paul Fain March 1, 2017 Call for More Federal Oversight  The Education Department needs to better monitor colleges’ finances to prevent another costly fiasco like the 2014 collapse of Corinthian Colleges, says the agency’s Office of Inspector General. Everest College, formerly owned by Corinthian The U.S. […]

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