For-profit education company Career Education Corporation misrepresented the cost of attendance and job placement rates to its students
OLYMPIA More than 3,000 Washingtonians will receive more than $7.6 million in debt relief from Career Education Corporation (CEC), a for-profit higher education company, as part of Attorney General Bob Fergusons legal action over the companys use of deceptive practices to attract potential students. CEC owned and operated two campuses in Washington until they closed down.
The most debt relief an individual Washington student will receive is $59,000. The median amount of debt relief is $1,463.
In addition to debt relief and other injunctive terms, the company is legally required to disclose to prospectiv…
Read the full article at: http://www.atg.wa.gov/news/news-releases/ag-ferguson-obtains-more-7m-student-debt-relief-thousands-washingtonians-profit