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/