More than 100 students of a US for-profit university are refusing to pay their student loans

March 31, 2015 4:04 AM

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Corinthian Colleges, a company that owns vocational for-profit colleges, is just one of dozens (pg. 20) of companies in the US that allegedly preys upon financially insecure students with false claims about the quality of the education they will receive. Now, at least 100 former Corinthian students are refusing to pay back around $3.3 million in federal and private student loans, claiming that the school defrauded them.

In November, the Department of Education (DOE) said that Corinthian “failed to address concerns about its practices, including falsifying job placement data used in marketing claims to prospective students and allegations of altered grades and attendance.” It has forced the company to close some and...

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