The FTC made the announcement below that seems to open the door for students with federal student loans to explore the possibility of applying for a Borrower Defense Loan Discharge. The Federal Trade Commission put 70 for-profit higher education institutions on notice that the agency is cracking down on any false promises they make about …
Career Education Corporation refund distribution, averaging more than $3,700 per person, is the largest per person average in agency’s history The Federal Trade Commission is sending nearly $30 million in refunds to people tricked by agents working on behalf of Career Education Corporation (currently operating as Perdoceo Education Corporation), the operator of several post-secondary schools. …
An Illinois-based operator of several post-secondary schools will pay $30 million to settle Federal Trade Commission charges that the operator used sales leads from lead generators that falsely told consumers they were affiliated with the U.S. military, and that used other unlawful tactics to generate leads. In its complaint against Career Education Corporation (CEC) and …
North Carolina Attorney General Josh Stein announced a $493.7 million multi-state settlement with for-profit education company Career Education Corp. (CEC). In a settlement with 49 states, including North Carolina, CEC has agreed to reform its recruiting and enrollment practices and forgo collection debts 179,529 students owe nationally. In North Carolina, 4,738 students will receive approximately …
Colorado Technical University – Provide credit counseling to students including administering. Responsible for credit balance processes including stipend/refund processing;…