SEO Headline (Max 60 characters)
Corinthian Facing Another Federal Investigation
Corinthian Colleges said Friday that the U.S. Department of Justice is investigating whether the company defrauded the federal government.
The investigation, under the False Claims Act, concerns “allegations related to student attendance and grade record manipulation, graduate job placement rate inflation and non-Title IV funding source misrepresentations,” the company told investors. The disclosure comes as Corinthian is also facing three criminal probes by the Department of Justice. Federal prosecutors in California, Florida, and Georgia have all issued grand jury subpoenas to the company. Corinthian is also in search of sources of liquidity as it seeks to sell off and close its campuses as part of an agreement with the U.S. Department of Education.
Share Article
Michael Stratford
Michael Stratford, Reporter, covers federal policy for Inside Higher Ed. He joined the publication in August 2013 after a stint covering the Arkansas state legislature for The Associated Press. He previously worked and interned at Kiplinger’s Personal Finance magazine and The Chronicle of Higher Education. At The Chronicle, he wrote about federal policy and covered higher education issues in the 2012 elections. Michael grew up in Belmont, Mass. and graduated from Cornell University, where he was managing editor of The Cornell Daily Sun.
Follow him on Twitter: twitter.com/mstratford.
Trending Stories
Most Shared Stories
- Seven professor actions that contribute to student well-being (infographic)
- Professors are leaving academe during the Great Resignation
- Conservative colleges celebrate the demise of Roe v. Wade
- Parent acquitted in admissions case | Inside Higher Ed
- Adopt 'crip time' to make higher ed more inclusive (opinion) | Inside Higher Ed
in Title IX Proposal Still Unknown
Stoke Tennessee Controversy