An Education in Fraud: For-Profit College Deception and Student Debt

An Education in Fraud: For-Profit College Deception and Student Debt

In 2015, Corinthian Colleges, the for-profit education chain that operated schools such as Everest College, shuttered its network of campuses for good. The chain’s demise came following allegations that it falsified job placement records and graduation rates, causing the U.S. Department of Education (DOE) to deny it access to federal student loan money. Thousands of students were not only left without degrees, but also mired in debt.

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