For-profit college cancels $500M in student debt after fraud allegations

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A company that owns two national for-profit college chains said that it will erase nearly $500,000,000 in debt incurred by former students as part of a settlement with 48 states and the District of Columbia.

 

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talk about the fraud almost all universities conduct allowing charging huge fees for professors to teach your children then have grad students actually teaching class. fees should be refunded every time they (the school) allows this to happen.

Most for profit schools are scams. Go to JR COLLEGES

While I was homeless I went to Remington for medical assisting to try and better my situation. I walked 5 miles a day to do this and after I finished the program I found no work. I later worked 12hrs a day for 6 hollers a day selling hotdogs until I could get employed elsewhere.

Ha ha.

Must have been the cheaper way out.

That's nice of them...

How far back do they go with graduation date?

Predators

Amazing ad placement for this article

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For-profit college cancels $500 million in student debt as part of nationwide fraud settlementA major for-profit university has reached a settlement with 48 states and the District of Columbia that will force it to wipe out nearly $500 million in debt incurred by thousands of its students across the country. Baby steps.
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Former for-profit college students will have nearly $500 million in student debt wiped awayNearly 180,000 students who attended for-profit colleges accused of scamming students will have $493.7 million in student debt wiped away modern students- scamming students will have $493.7 million in student debt. What about getting back money from the scam for-profit colleges? Trump university
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For-profit college chain to forgive $556 million in student debtsNearly 180,000 former students of Career Education schools will have their loans canceled as part of an agreement involving 49 attorneys general. Betsy Devos is kicking herself for allowing this to happen. Is this going to the parents or the kids?
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Why This For-Profit College Will Cancel $500 Million Of Student LoansThis for-profit college is forgiving nearly $500 million of student loan debt to settle allegations of deceptive practices. Here's how it can affect you: Get your cash back rewards in crypto as soon as same day: I Not liked Her I Thinking The Nuts do Better Jobs for Helping Students Innocent students were being Devosed.
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Nearly 180,000 Students Won't Have To Repay Loans From For-Profit Higher Ed CompanyUnder a settlement with state attorneys general, Career Education Corp. won't collect some $493 million. It also will be more transparent about the costs and benefits of its programs. 👏👏👏 These for profit colleges that just collect $ from private loans that students take out should be illegal. Try getting a job after telling them you went to such and such private college. Ima need my 18k forgiven, thanks.
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