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More debt relief for former Corinthian College students – 89.3 KPCC

Officials at WyoTech, a Corinthian Colleges campus, talk to students on the day their campus shut down.

Officials at WyoTech, a Corinthian Colleges campus, talk to students on the day their campus shut down. Adolfo Guzman-Lopez/KPCC

California Attorney General Xavier Becerra announced on Friday that about $51 million in student loan relief will be coming to former California students of the now defunct Corinthian Colleges.

Corinthian intentionally targeted low-income, vulnerable individuals through deceptive and false advertising that misrepresented job placement rates and school programs, Becerra said in a written statement.

The settlement was part of a multi-state effort to wrest funds from bankrupt Aequitas Capital Management Inc., a company that helped Corinthian sign students up f…

Read the full article at: https://www.scpr.org/news/2017/08/18/74827/more-debt-relief-for-former-corinthian-college-stu/

Category: Debt HelpBy Insolvency GuardianAugust 19, 2017

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More debt relief for former Corinthian College students – 89.3 KPCC

Officials at WyoTech, a Corinthian Colleges campus, talk to students on the day their campus shut down.

Officials at WyoTech, a Corinthian Colleges campus, talk to students on the day their campus shut down. Adolfo Guzman-Lopez/KPCC

California Attorney General Xavier Becerra announced on Friday that about $51 million in student loan relief will be coming to former California students of the now defunct Corinthian Colleges.

Corinthian intentionally targeted low-income, vulnerable individuals through deceptive and false advertising that misrepresented job placement rates and school programs, Becerra said in a written statement.

The settlement was part of a multi-state effort to wrest funds from bankrupt Aequitas Capital Management Inc., a company that helped Corinthian sign students up f…

Read the full article at: http://www.scpr.org/news/2017/08/18/74827/more-debt-relief-for-former-corinthian-college-stu/

Category: Debt HelpBy Insolvency GuardianAugust 18, 2017

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