Corinthian's court-approved liquidation plan will provide $4.3 million for former students, which they will use to press U.S. to grant more sweeping discharges for students of the defunct for-profit chain.
For-Profit Higher Ed
While under the watchful gaze of the Education Department, Corinthian Colleges apparently mishandled federal funds this year, the Justice Department says in a recent filing.
As proprietary colleges struggle, banks gain increasing influence over their fates and their dealings with the government.
The Consumer Financial Protection Bureau is launching an investigation into Bridgepoint Education and Ashford University's student lending practices.
Student advocates use the backdrop of ITT Tech's annual shareholders meeting to protest for-profit colleges' approach to loan debt.
Almost 100 fewer for-profit colleges operated in 2014-15 than in 2012-13, according to federal data.
Big changes for APSCU, the for-profit trade group, which has lost most of its large-chain members and plans to focus again on career education.
Ashford University is shutting down, 10 years after it became the platform for a publicly traded, mostly online college. A look at what the situation says (and doesn't say) about for-profit higher ed.
Feeling the push to survive heightened regulations, intense scrutiny and negative perceptions, the for-profit industry looks to transition to a new era.
Corinthian case moves through bankruptcy court, as feds try to spread word about debt relief to thousands of former students and Corinthian tries to sell assets ranging from campuses to typewriters.
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