One Of the Largest For Profit College Systems Closing Down
May 3, 2015
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6:28Now PlayingOne Of the Largest For Profit College Systems Closing Down
YouTube Description
as posted by the channelCorinthian Colleges, which is one of the largest for-profit college systems in the United States is shutting down. As a result of some of their deceptive recruiting techniques and owing the federal government fines they have decided to shut down. Ana Kasparian, Jimmy Dore and John Iadarola discuss the story and the ramifications on current students on The Young Turks.
*Read more here
"Corinthian Colleges Inc., once one of the nation's largest chains of for-profit colleges,announced Sunday it is abruptly shutting down after failing to find buyers for its roughly 30 remaining campuses, leaving up to 16,000 students in the lurch and potentially costing the U.S. Department of Education tens of millions of dollars in foregone federal student loan payments.
"What these students have experienced is unacceptable," Education Undersecretary Ted Mitchell said in a blog post Sunday.” *
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