Monday, June 30, 2014

Controlled Crash?

Inside Higher Ed
June 30th, 2014

   WASHINGTON -- The U.S. Department of Education has until tomorrow to reach an agreement with Corinthian Colleges on a plan to sell or shut down the for-profit chain’s 107 campuses. If they fail, the federal government could lose more than $1.2 billion in discharged student loans.
   That figure was included in a legal filing Corinthian submitted last Thursday in a California court. The document was in response to a lawsuit from California’s attorney general, Kamala D. Harris. Harris last week asked the court to make Corinthian stop recruiting new students.

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