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Corinthian Colleges News

News on Corinthian Colleges (Ticker: COCO) continually updated from thousands of sources around the net.

8 hrs ago | The Modesto Bee

Billions of GI Bill funds go to for-profit schools

A report to be released Wednesday from the office of Sen. Tom Harkin, D-Iowa, a critic of the for-profit education industry who chairs the Senate Education Committee, finds that for-profit colleges received $1.7 billion in Post-9/11 GI Bill benefits in the 2012-2013 school term.

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Related Topix: Life, Veteran Affairs, Tom Harkin, US Politics, US News, US Senate, Democrat, Santa Ana, CA, Marketing, Business News

15 hrs ago | Seattle Times

Round-up: Banda's departure raises questions, most Corinthian students still stuck with debt

JosA© Banda is Seattle's fifth schools chief in a decade, and his departure to Sacramento has left some concerned about the relationship between the superintendent and board members.

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Yesterday | Seeking Alpha

Apollo May Be The Government's Next Victim In Its Aggressive Oversight Of Financial Aid Recipients

Apollo's predatory recruiting, low completion rates, and high expenditures on marketing and executive compensation are red flags for the Feds.

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Related Topix: Apollo Group, University of Phoenix

Mon Jul 28, 2014

SFGate

Bay Area for-profit colleges shut down

A San Jose for-profit college company closed its doors Monday, including its schools in San Francisco, Hayward and Los Angeles, according to the state Bureau for Private Postsecondary Education .

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Business Journal

Heald College owner accused of deceptive ads in recruitment push amid collapse

Corinthian Colleges Inc., the owner of dozens of U.S. higher-education campuses like Heald College, continues to recruit more students, some say deceptively, as the company is waist deep in financial troubles that could close all its campuses unless it finds a buyer, Mercury News reported .

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Related Topix: US Politics, US News, US House of Representatives, Democrat, Maxine Waters

Sun Jul 27, 2014

Overlawyered

Corinthian Colleges meets its downfall

Through the actions of multiple federal agencies - the Department of Education, Securities and Exchange Commission, and Consumer Financial Protection Bureau - the Obama Administration has succeeded in wiping out a major for-profit education provider with thousands of employees and 72,000 students, all without bringing a legal charge.

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Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Conservative Political News, US News

Fri Jul 25, 2014

Star Tribune

Anthem College shuts its doors in Minnesota

Anthem College, a health-career school in St. Louis Park , has quietly closed up shop after 18 years in Minnesota.

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Related Topix: Minnesota, St. Louis Park, MN

Reuters

Corinthian faces uphill struggle to sell Everest colleges

It took a cryptic message on her college login page to alert Stephenie Wickiser to the plight of the company that owns her online university.

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Related Topix: Prison, Santa Ana, CA, SUNY Albany, University of Georgia Albany State

Thu Jul 24, 2014

KSDK-TV Saint Louis

Durbin takes stand against for-profit collegesDurbin takes stand...

United States Senator Dick Durbin is taking a stand against for-profit colleges from recruiting at on-base career fair and job training events.

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Related Topix: Marketing

ThinkProgress

In Its Death Throes, For-Profit College Chain Spent Over $100,000 A Month On Lobbying

From April to June, which turned out to be the last three months of its corporate lifespan, for-profit education chain Corinthian Colleges spent $320,000 lobbying Congress , according to Bloomberg.

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Related Topix: Virginia Foxx, US Politics, US News, Republican, US House of Representatives, Liberal Political News

Roll Call

Durbin Puts His Mark on Defense Bill

Waging war on smoking, for-profit colleges and tax loopholes may sound like odd subjects for the military spending bill, but not when you consider who is wielding the gavel.

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Related Topix: Smoking, Medicine, Health, US News, US Politics, US Senate, Senator Dick Durbin, Healthcare Law, Law, Ron Wyden, Democrat

Wed Jul 23, 2014

The Orlando Sentinel

Crack down on colleges for students, taxpayers: Editorial

Finally, federal regulators are getting tough on for-profit colleges. The reason is simple: Taxpayers and students have gotten gouged too often, and for too long, with too little to show in return.

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Related Topix: Opinion

Daily Kos

Part 1 of For-Profit Schools - Not Enough Karma

I used to work for them. They bought out my little school over 10 years ago when we took in people who made $5 an hour and trained them to make $12 per hour.

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Related Topix: Personal Finance, 401K, US News, Liberal Political News

Seeking Alpha

RIP James Wang - Unfortunate End To Oceanstone's Outperformance

On July 18th, the Oceanstone Fund announced that its founding manager James Wang had passed away.

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Related Topix: Toys, JAKKS Pacific, Retail, Rite Aid, Financial Markets

Tue Jul 22, 2014

Stars and Stripes

Senate moves to rein in career colleges popular among troops

Troops should think twice before enrolling in one of the country's largest for-profit university chains as it faces the government-supervised sale of its campuses and charges it preyed on the military, Sen. Dick Durbin, D-Ill., warned Monday.

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Business Journal

Aequitas legal feud escalates, opponent asks for a limited receiver

A legal dispute between a Southern California company and one of Oregon's biggest investment firms has escalated into a request to put an arm of the firm in receivership, a move that could result in a court officer temporarily overseeing a part of its operations.

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Mon Jul 21, 2014

University Business

Corinthian Colleges to be monitored by ex-U.S. Attorney Fitzgerald

Former federal prosecutor Patrick Fitzgerald agreed to serve as an independent monitor of Corinthian Colleges Inc, the struggling for-profit education company that agreed to sell or close its campuses, the U.S. Department of Education said on Friday.

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Related Topix: Skadden Arps Slate Meagher and Flom, Law, Illinois, Illinois Government

Business Journal

Everest Institute in Eagan to close as for-profit college chain ordered out of MN

Corinthian Colleges Inc., which has been under scrutiny from the U.S. Department of Education , will close its 300-person Everest Institute in Eagan and sell off two other Minnesota programs.

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Sun Jul 20, 2014

University Business

More scrutiny needed on for-profit colleges

The message is simple: Taxpayers and students have gotten gouged too often, and for too long, with little to show in return.

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Fri Jul 18, 2014

Barriere Star Journal

Everest College Canadian campuses to be sold

An Ontario career college is looking for a new owner after its troubled U.S. parent company announced it would sell off or close down all its campuses.

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Related Topix: Marketing

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